Industrial Output Rose in April as German Economy Gathered Pace
After a lackluster phase, German manufacturers are benefiting from faster growth at home and tailwinds from the euro-area recovery.
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German industrial production increased in April, as a recovery in the euro area and accelerating growth at home buoyed demand.
Output, adjusted for seasonal swings and inflation, rose 0.9 percent after falling a revised 0.4 percent in March, data from the Economy Ministry in Berlin showed on Monday. The typically-volatile number compares with a median estimate for a 0.6 percent gain in a Bloomberg Survey. Output climbed 1.4 percent from a year earlier.