FOREX TradingCharts.com

Financial News: Germany's Industrial Production Recovers In May

Germany's Industrial Production Recovers In May

07/07/2020 - 02:40:00 (RTTNews)

(RTTNews) - Germany's industrial production recovered in May, helped by an easing of lockdown measures, Destatis reported Tuesday.

Industrial output grew 7.8 percent on a monthly basis in May, in contrast to a revised 17.5 percent fall in April. Production was forecast to grow 10 percent in May.

On a yearly basis, industrial production declined 19.3 percent versus a revised 25 percent decrease in April.

Excluding energy and construction, industrial production was up 10.3 percent in May. Energy production gained 1.7 percent in May and construction output grew 0.5 percent.

Destatis said the production in the automotive industry increased markedly in May, after a very low level in April 2020. However, it was still by just under 50 percent lower than in February 2020.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Producer Prices Climb 0.6% In July, Much More Than Expected (06 hr(s), 10 min(s), 33 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

India Industrial Production Falls For Fourth Month (06 hr(s), 31 min(s), 33 sec(s) ago)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story»

U.S. Producer Prices Climb More Than Expected In July (06 hr(s), 50 min(s), 33 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

China's Bank Lending Declines In July (07 hr(s), 06 min(s), 33 sec(s) ago)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story»

German ZEW Economic Confidence Strengthens Unexpectedly (08 hr(s), 15 min(s), 33 sec(s) ago)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story»

South Africa Manufacturing Output Decline Slows In June (08 hr(s), 16 min(s), 33 sec(s) ago)
(RTTNews) - South Africa's manufacturing output declined at a softer pace in June as the Covid ...Full Story»

Japan Eco Watchers Current Conditions Improves; Outlook Falls (08 hr(s), 30 min(s), 33 sec(s) ago)
(RTTNews) - A measure of the public assessment of the Japanese economy rose for the third month in ...Full Story»

Latvia Trade Deficit Narrows In June (08 hr(s), 32 min(s), 33 sec(s) ago)
(RTTNews) - Latvia's trade deficit narrowed in June amid a fall in both the exports and import ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Producer Prices Climb 0.6% In July, Much More Than Expected

08/11/2020 - 09:17 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

India Industrial Production Falls For Fourth Month

08/11/2020 - 08:56 AM (RTTNews)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story>>

U.S. Producer Prices Climb More Than Expected In July

08/11/2020 - 08:37 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

China's Bank Lending Declines In July

08/11/2020 - 08:21 AM (RTTNews)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story>>

German ZEW Economic Confidence Strengthens Unexpectedly

08/11/2020 - 07:12 AM (RTTNews)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.