Germany: Annual Industrial Production rises 1% in April, against expectations

FXstreet.com (Barcelona) - Year-over-year German Industrial Production s.a w.d.a. grew by 1% in April, compared with the 2.5% decrease registered the previous month, according to data released by Destatis. Analysts expected a 0.8% drop.

On a monthly basis German Industrial Production increased 1.8% in April, following a 1.2% rise in March and against forecasts of remaining flat.