Industrial production in Germany increased more than expected in April, rising 0.80% for the month, according to data from statistics agency Destatis. The industrial production rebound follows March's -1.10% decline. Analysts expected industrial production to rise 0.70% for the month. Energy production was up 1.10% while construction fell 1.70%. Production of capital goods jumped 2.20% while consumer goods gained 0.40% for the month. The gains in industrial production come after early on Monday, factory output in April revealed a decline due to weak demand from foreign customers.
Japanese GDP Posts Quick Turnaround
Daily Analysis - 08/06/2016