Forex News: 05.04.2007 German industrial output rose 0.9 pct in February
Its time for German industrial output rose :)German industrial output rose a seasonally adjusted 0.9 pct in February from January, beating a consensus forecast, according to preliminary data from the Economy and Technology Ministry.Economists had expected a decline of 1.0 pct.
Manufacturing output rose 0.8 pct in February, while output in the construction industry climbed 0.9 pct. Output in the energy sector gained 2.4 pct.
On a year-on-year basis, February industrial output jumped 7.7 pct after being adjusted for the number of working days.
The ministry also said final figures show that adjusted industrial output in January rose 0.9 pct. The preliminary data published last month had shown an increase of 1.9 pct.
posted by Kalin Tasev @ 6:41 AM
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