Germany's industrial production rose 2.1% in February, driven by construction, marking the second consecutive monthly increase.

Germany's industrial production increased by 2.1% in February, marking the second consecutive monthly rise. This growth, mainly driven by the construction sector, surpassed economist predictions and indicates a potential recovery for the country's economy, which may have experienced a shallow recession in the last six months. However, year-on-year industrial production was still down by 4.9%.

April 08, 2024
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