German Industrial Output Comes In Strong

Frankfurt (AFP) – German industrial production rose strongly in July, driven by increased manufacturing and construction output, data showed on Friday.

According to regular data compiled by the economy ministry, industrial output increased by 1.9 per cent in July, after already rising by 0.4 per cent in June.

Manufacturing output climbed by 2.6 per cent and construction output was up by 1.7 per cent while energy construction output contracted by 3.7 per cent, the ministry calculated.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at