Germany: Annual Industrial Production rises 0.8% in August against expectations

FXstreet.com (Barcelona) - Year-over-year German Industrial Production s.a. increased 0.8% in August, following a 1.4% fall in July, according to data released today by Destatis. Analysts expected the indicator to slide by 1.5%.

On a monthly basis German Industrial Production s.a. declined 0.5% in August, in comparison with the 1.2% growth registered the previous month and above expectations of a 0.8% drop.

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