Indicator analysis: German industrial production disappoints

NEW YORK (Forex News Now) – Industrial production in Germany grew less than expected in July, official data showed on Wednesday in one of the day’s major realtime forex news events.

In a report likely to impact currency market trading, Germany’s statistics bureau said industrial production increased 0.1 percent during the month, up from a drop of 0.6 percent in June.

Analysts had expected an increase of 1.1 percent in September, two global forex news outlets reported.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.