Global Economic News

German Industrial Output Rises For First Time In 5 Months

Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook.

Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.

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by Renju Jaya

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