Germany Industrial Production n.s.a. w.d.a. (YoY) down to 1.3% in May from previous 1.8%

FXStreet.com (Barcelona)

Jul 7, 2014

Germany Industrial Production s.a. (MoM) came in at -1.8%, below expectations (0.3%) in May

Germany: Industrial Production drops 1.8% in May

German Industrial Production fell 1.8% in May, down from the 0.3% decrease registered the previous month, according to data released by Statistisches Bundesamt Deutschland. Market consensus pointed to a 0.3% rise.On an annual basis German Industrial Production grew 1.3%, following a 1.8% increase.