Modest rise in German July industry output points to slow recovery

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

German industrial output rose far less than expected in July, suggesting Europe's largest economy faces a slow return to production levels that preceded the crisis unleashed by the coronavirus pandemic.

BERLIN - German industrial output rose far less than expected in July, suggesting Europe’s largest economy faces a slow return to production levels that preceded the crisis unleashed by the coronavirus pandemic.

A breakdown of the data showed that activity in the construction sector, which had expanded during the lockdown, shrank by 4.3%, dragging on the headline figure. Even excluding the volatile construction and energy sectors, output rose by 2.8%, still lower than the forecast.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

niemiecka lokomotywa rusza

What are their Covid numbers like?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités