The Traderszone Network

Published in TZ Latest News 6 September, 2015 by The TZ Newswire Staff

German industrial output up in July, strongest gain so far in 2015

German industrial output rose in July at its fastest pace so far this year, data from the Economy Ministry showed on Monday, suggesting Europe’s largest economy powered ahead at the beginning of the third quarter. Factories produced 0.7 percent more goods than in the previous month, the ministry said. “Overall, the slightly positive trend in the industrial sector is continuing,” the ministry said in a statement, adding that order books were filled thanks to strong demand from abroad and that companies remained confident.