German industrial production edged up in March, data released here on Friday on part of the Ministry of Economics and Technology revealed . The data underlined in this regard the key role played by the nation\'s manufacturing sector in driving growth in Europe\'s biggest economy. The Ministry said output rose 0.7% in March from an upwardly revised 1.7% in February. Leading the March rise was a 6.2% jump in production in the building industry as mild spring weather helped to encourage outside construction work. \"The manufacturing sector continues to be one of the driving forces of the economic recovery in Germany,\" the ministry said releasing the figures. The production data, however, came just one day after the ministry said that German factory orders plunged by a surprise 4 per cent in March. Analysts had expected a small rise. Year-on-year industrial orders rose 9.7%. The ministry also said releasing the order book data that the share of big-ticket items was \"strongly below average\" in March.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new highMaintained 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