German Industrial Output Unexpectedly Increased in July
This article is for subscribers only.
German industrial production unexpectedly rose in July, adding to signs that Europe’s largest economy is weathering the region’s debt crisis.
Production rose 1.3 percent from June, when it fell a revised 0.4 percent, the Economy Ministry in Berlin said today. Economists forecast unchanged production, the median of 39 estimates in a Bloomberg News survey showed. Output fell 1.4 percent from a year earlier when adjusted for working days.