Output has returned to growth after a 0.6% drop in activity in January
German industrial output returned to growth in February driven by the manufacturing sector while construction activity fell, official data showed Monday.
Industrial production increased by 0.5
percent in February compared with the previous month, according to provisional figures released by the economy ministry.
The figure beat expectations of analysts polled by Dow Jones Newswires who had pencilled in a 0.4-percent gain.
In January, output fell 0.6 percent, a ministry statement said, revising the figure downwards after announcing last month that industrial output had stagnated in the first month of the year.
While manufacturing output rose 0.5 percent in February and the energy sector posted an increase of 3.9 percent, construction for the month dropped 2.7 percent after expanding more than three percent in January.
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al MandebGMT 09:34 2018 Tuesday ,23 January
IMF raises global growth forecasts, US tax cuts provide boostGMT 05:14 2018 Tuesday ,23 January
Macron hosts 140 CEOs in pre-Davos charm offensiveGMT 05:02 2018 Monday ,22 January
Trump lashes out ahead of vote to end shutdownGMT 09:08 2018 Sunday ,21 January
Trump and 'Davos Man': best of enemiesGMT 07:16 2018 Friday ,19 January
Calls for action over dirty money flowingGMT 07:48 2018 Thursday ,18 January
Watchmakers hope to make Chinese market tickGMT 07:41 2018 Thursday ,18 January
Economists call for overhaul of eurozone fiscal rulesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor