Industrial production in Germany higher than expected in March…

Tuesday, 8 May 2012 01:42

The German industrial production level recorded in April significant increase. Index climbed up by seasonally adjusted 2.8%, exceeding highly expectations for 0.8% growth.

The Destatis confirmed today that last month’s data was revised to 0.3% decline in industrial production volume.

Comparing with March 2011 index increased by 1.6%.

The couple EUR/USD was traded at 1.3012 after data release.