Economics
German Industrial Output Rebounds in Sign of Recovery
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German industrial production rose in June, adding to signs that growth in Europe’s largest economy accelerated in the second quarter.
Output increased 2.4 percent from May, when it dropped a revised 0.8 percent, the Economy Ministry in Berlin said today. Economists forecast a gain of 0.3 percent, according to the median of 41 estimates in a Bloomberg News survey. Production climbed 2 percent from a year earlier when adjusted for working days.