German Industrial Output Rose More than Expected in May
22 Articles
22 Articles
German companies increased their production in May.
Especially in the car industry, in the pharmaceutical and energy sector, there was strong growth in May. The three-month comparison also shows an upward trend. Overall, however, production is still well below pre-crisis levels.
There was a surprising increase in the production of goods. During the course of the year, domestic demand could primarily increase and shield against the possible customs counterwind.
German industry, pharmaceuticals and energy suppliers increased their production in May. Despite positive signals, the outlook remains dim.
Coverage Details
Bias Distribution
- 44% of the sources are Center
To view factuality data please Upgrade to Premium