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Germany: Annual Industrial Production drops 2.8% in August

FXStreet (Łódź) - Year-over-year German Industrial Production declined by 2.8% in August, compared with the 2.7% increase registered the previous month, according to data released by Destatis.

On a monthly basis Industrial Production fell 4.0%, following a 1.6% rise and below forecasts of falling 1.5%.

Germany Industrial Production n.s.a. w.d.a. (YoY) dipped from previous 2.7% to -2.8% in August

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