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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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InstaForex - Official partner of Dragon Racing

2019.10.0803:21:00UTC+00German Industrial Production In Surprise Rebound In August

Germany's industrial production rose unexpectedly in August, after a slump in July, figures from the Federal Statistical Office showed on Tuesday.

Production grew 0.3 percent month-on-month in August, defying expectations for a 0.2 percent fall.

July's decline was revised to 0.4 percent from 0.6 percent.

However, industrial production decreased 4 percent year-on-year after a 3.9 percent fall in July.

Excluding energy and construction, industrial production rose 0.7 percent in August.

Energy production shrunk 1.7 percent and construction output decreased 1.5 percent.

Among industrial groups, production of intermediate goods grew 1 percent and that of capital goods rose 1.1 percent. Consumer goods output decreased 1 percent.

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