German industrial production declined the most in nearly two years in March, underscoring the impact of the war in Ukraine as suggested earlier by other economic reports released over this week.
Industrial output decreased 3.9 percent month-on-month in March, reversing February's revised 0.1 percent increase, data from Destatis revealed on Friday. Economists had forecast a moderate fall of 1.0 percent in March.
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by Renju Jaya
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