German industrial production rises 0.9%
Photo: Matthias Rietschel AP/TT

German industrial production rises 0.9% in May, beating forecasts

Industrial production in Germany rose by 0.9 percent in May compared with the previous month, according to the country's statistics agency, Destatis. The increase was larger than expected.

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Analysts had expected an increase of 0.1 percent, according to Bloomberg's compilation of forecasts.

In April, German industrial production increased by 0.2 percent compared with the previous month, according to revised figures.

Meanwhile, industrial production figures in Finland continued to point downward in May. The decline was 1.4 percent. In April, Finland's industrial production decreased by 1.9 percent, according to revised figures.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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