German industrial production posts biggest fall in 2 years
German industrial production
Berlin - QNA
German industrial production posted its biggest fall in nearly two years in May, adding to signs that global tensions have weighed on Europe's largest economy, (dpa) news agency reported.
Output fell by a more-than-forecast 1.8% in May to post its third monthly decline after dropping by 0.3% in April, the Ministry of Economics said Monday.
Analysts had expected the data would show output had stagnated in May.
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