GERMAN INDUSTRIAL PRODUCTION JUMPS 1.4% MOM IN JUNE VS. 1.0% EXPECTED

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Germany’s industrial sector returned to expansion in June, the latest data published by Destatis showed on Wednesday.

Industrial output in the Eurozone’s top economy increased by 1.4% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, as against an expected increase of 1.0%  and a 2.5% drop registered in May. German Industrial Production slid at an annual rate of 4.1% in June versus May’s -6.7%.



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