German Industrial Production Increases Most in a Year
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German industrial production surged the most in more than a year in April as construction activity surged after an unusually long winter damped output.
Production jumped 1.8 percent percent from March, when it gained 1.2 percent, the Economy Ministry in Berlin said today. That’s the third consecutive increase and the strongest gain since March last year. Economists forecast no change, according to the median of 38 estimates in a Bloomberg News survey. From a year earlier, production rose 1 percent when adjusted for working days.