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Germany’s industrial production remains stable in May

by ChemOrbis Editorial Team - content@chemorbis.com
  • 07/07/2015 (13:49)
According to data from Germany’s Economy Ministry, the country’s industrial production remained stable on a monthly basis in May while April’s figure was revised downward to a gain of 0.6% from a previously reported increase of 0.9%. Economists’ initial estimates called for an increase of 0.1% in May in a survey conducted by Reuters.

Production in consumer goods and capital goods rose 1.3% and 0.4%, respectively, in May from a month earlier while output in the construction sector declined by 0.5%.
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