Tags: EU | Germany | Economy

Germany's April Factory Production Rises in Good Sign for Q2

Thursday, 08 June 2017 04:05 AM EDT

BERLIN (AP) — Industrial production in Germany, Europe's largest economy, rose 0.8 percent in April over the previous month in a positive sign for continued growth in the second quarter.

The Federal Statistical Office said Thursday the April rise followed the 0.1 percent drop in March, according to figures adjusted for seasonal and calendar variations.

April's increase was driven in particular by the production of energy and intermediate goods.

ING economist Carsten Brzeski said Germany's strong labor market and higher wages are helping to drive increasing domestic demand, while the relative weakness of the euro is bolstering the country's exports.

He says "the current German recovery remains unbreakable."

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Industrial production in Germany, Europe's largest economy, rose 0.8 percent in April over the previous month in a positive sign for continued growth in the second quarter.The Federal Statistical Office said Thursday the April rise followed the 0.1 percent drop in March,...
EU,Germany,Economy
107
2017-05-08
Thursday, 08 June 2017 04:05 AM
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