Germany, industrial production falling in April

Germany industrial production falling in April

(Finance) – German industrial production continues to slow down in April. According to theGerman statistical office Destatis, industrial production showed a monthly decrease of 0.1%, after -0.4% in March. Analysts’ estimates were for an increase of 0.1%.

On an annual basis, there was a decline of 3.9% compared to -4.2% in the previous month.

tlb-finance