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Germany’s industrial production slightly up in December

by ChemOrbis Editorial Team -
  • 06/02/2015 (11:26)
Germany’s industrial production posted a slight increase in December as per data released by the federal statistics office of Germany, Destatis. The country’s factory output increased 0.1% month over month in December while economists’ initial estimates called for a gain of 0.4%.

On a yearly basis, Germany’s industrial output fell by a larger than expected amount, decreasing by 0.7% in December. Initial estimates called for a 0.3% drop in a survey conducted by Bloomberg.
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