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German Industrial Output Growth Exceeds Expectations

Posted by: Top News Editor in Forex News July 7, 2017

Germany’s industrial production grew at a faster-than-expected pace in May, largely driven by energy and capital goods output. Industrial production grew 1.2 percent month-on-month in May, faster than the revised 0.7 percent increase seen in April, Destatis reported Friday. Production has increased over the past five months.
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