RTTNews - Tuesday, the Federal Ministry of Economics and Technology said German industrial production fell 1.9% month-on-month in April, reversing a revised 0.3% rise in March. Economists were expecting a monthly 0.3% increase.
Annually, production plunged by working day adjusted 21.6% in April versus 20.2% decline seen in March. On an unadjusted basis, output slipped 26.7%, severe than March's 12.1% fall.
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