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German industrial output drops in June, up in second quarter

Reuters  |  BERLIN 

By Michelle MartinBERLIN (Reuters) - German industrial production unexpectedly fell for the first time this year in June, data showed on Monday, though it increased in the second quarter overall.Output declined by 1.1 percent on the month after rising 1.2 percent in May, the Economy Ministry data showed. Expectations in a Reuters poll were for a 0.2 percent gain.But factories and construction firms in Europe's largest economy produced 1.8 percent more in the April-June period than in the first quarter and the ministry said order levels, along with business climate indicators, pointed to the ...

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First Published: Mon, August 07 2017. 15:11 IST
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