Germany's industrial production growth slowed more than expected in May on supply shortages, raising fears of recession, data from Destatis revealed on Thursday.
Industrial production grew 0.2 percent in May from April, when output was up by revised 1.3 percent. Output was expected to climb 0.4 percent.
Within industry, capital goods production gained 2.2 percent, while output of consumer goods and intermediate goods fell 0.9 percent and 0.4 percent, respectively. Excluding energy and construction, industrial production was up 0.6 percent.
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