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Germany’s industrial output rises in April, beats estimates

by ChemOrbis Editorial Team - content@chemorbis.com
  • 07/06/2016 (12:27)
According to media reports, data compiled by Germany’s Economics Ministry showed that the country’s industrial output increased 0.8% on a seasonally and calendar adjusted basis in April from the previous month after two monthly decreases. The April figure also beat economists’ expectations, which called for a gain of 0.6% in a survey conducted by the Wall Street Journal.

Economists predict that Germany’s industrial sector will see continued “moderate improvement” in the months ahead.
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