International Economic

Auto industry drive big jump in German Aug industrial production

By Frank Prenesti

Date: Tuesday 08 Oct 2024

(Sharecast News) - German industrial production increased more than expected in August, driven by a "significant" jump in the auto industry, according to official data published on Tuesday.
Production was up 2.9% month on month, the federal statistics office Destatis said. Analysts had expected 0.8% rise.

"Currently, production in the...

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