Germany's industrial production climbed 4% in July from June, far exceeding the 0.5% economists had anticipated; industrial production had fallen 1.1% in June from May
Cindy Allen
BERLIN
,
September 7, 2011
(Associated Press)
–
Germany's Economy Ministry says industrial production jumped by way more than anticipated in July, following a drop the month before.
The country saw a 4 percent increase in industrial production in July compared to the previous month, according to seasonally adjusted figures. That compares with a 1.1 percent drop reported in June over May.
Economists had been predicting only a 0.5 percent increase in July.
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