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Financial News: German Industrial Production Remains Flat In July

German Industrial Production Remains Flat In July

09/07/2017 - 02:23:00 (RTTNews)

(RTTNews) - Germany's industrial production remained unchanged in July, data from Destatis showed Thursday.

Industrial production showed nil growth following a 1.1 percent decrease in June. Output was forecast to grow 0.5 percent.

Excluding energy and construction, industrial production gained 0.3 percent in July.

Production of capital goods and the production of consumer goods fell 0.3 percent each. Meanwhile, the production of intermediate goods showed an increase of 1.4 percent.

While energy production decreased 4.7 percent in June, construction output grew 0.5 percent.

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