Pursuits
German Industrial Production Surged Most in More Than a Year
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Industrial production in Germany surged the most in more than a year in July as late school holidays boosted factory output.
Production jumped 4 percent from June, when it dropped 1 percent, the Economy Ministry in Berlin said today. That’s the biggest gain since March 2010. Economists had forecast an increase of 0.5 percent, the median of 37 estimates in a Bloomberg News survey showed. In the year, output rose 10.1 percent when adjusted for working days.