FXstreet.com (Barcelona) - Industrial production has declined in Germany in March, reversing the slight increase recorded in February, according to data released by the German Economics Ministry.

In March, industrial production has declined 0.5% from February, after the 0.2% increase posted in February, March's decline was expected by the analysts, seen the previous month's slowdown in factory orders.

On the twelve months to march, industrial production has increased 4.7%. At the same time, industrial production from February has been revised to a 0.2% monthly increase and a 5.7% yearly rise, down from the 0.4% and 6.1% increases previously estimated.