BIG MISS: German Industrial Production Falls 1.3%

BMW 335i xDrive 2012 Car

Photo: Courtesy BMW

Europe can’t seem to catch a break this week.German industrial production fell 1.3 per cent in February.

Economists were looking for a more modest decline of 0.5 per cent.

Germany, the largest and perhaps most financially healthy economy in Europe, continues to show that no one country in Europe can stand alone.

Global markets remain in the red this morning.

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