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    07.07.2015 09:28 German industrial production is flat in May

    Destatis released its industrial production data for Germany on Tuesday. German industrial production was flat in May, missing expectations for a 0.1% gain, after a 0.6% rise in April. April's figure was revised down from a 0.9% increase.

     

    The output of capital goods climbed 0.4% in May, energy output dropped 3.1%, and the production in the construction sector fell 0.3%, while the production of intermediate goods was down 0.2%.

     

    The output of consumer goods gained 1.2%.


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