German Industrial Production jumps 2.9% MoM in August vs. 0.8% expected
FXStreetOct 8, 2024 6:01 AM
Germany’s industrial sector quickened its pace of expansion in August, the latest data published by Destatis showed on Tuesday.
Industrial output in the Eurozone’s economic powerhouse rose 2.9% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, compared to the expected increase of 0.8% and a -2.4% drop reported in July.
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