ECONOMICS COMMENTARY
Apr 09, 2013
Production rise adds to signs of industrial downturn easing in Germany
Downward trends in manufacturing output, industrial production and exports have eased in recent months, adding to signs that the German economy is set to see a weaker downturn in the first quarter compared to the steep 0.6% decline seen in the fourth quarter of last year. However, the official data need to improve further in March to catch up with the more positive-looking PMI surveys.
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