German industrial production falls in June from May

Thursday, 09 August 2012 16:09:14 (GMT+3)   |  
       

According to the German Federal Ministry for Economic Cooperation and Development, in June this year industrial production in Germany was down 0.9 percent compared to the previous month, following a revised 1.7 percent increase in May compared to April.
 
The German economy, Europe's biggest, so far has been relatively unaffected by the debt crisis afflicting its euro zone partners, but second quarter output figures are expected to show growth slowing from the healthy first quarter figure of 0.5 percent, while business confidence is fading.
 
Production was "relatively robust" in the second quarter, but the future is "restrained" given recent order figures, the Economy Ministry said in its statement.

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