German industrial production exceeds expectations in January

Mubasher: German industrial production rose in January by 3.3% higher than expected, against 0.3% decline at the end of last December.

According to official data of German Ministry for Economic Affairs on Tuesday, industrial production missed forecasts of 0.5%.

German production increased by 2.2% year on year, versus 1.3% decline last year.

Mubasher Contribution Time: 08-Mar-2016 08:00 (GMT)