FILE PHOTO: A steel worker of Germany’s industrial conglomerate ThyssenKrupp AG which holds its annual shareholders meeting on Friday February 1, 2019, takes a sample of raw iron from a blast furnace at Germany’s largest steel factory in Duisburg, Germany, January 28, 2019. REUTERS/Wolfgang Rattay/File Photo
May 8, 2019
BERLIN (Reuters) – German industrial output rose unexpectedly in March, helped by higher production of consumer and intermediate goods, offering a glimmer of hope for Europe’s biggest economy which is suffering from trade frictions and Brexit uncertainty.
Industrial output increased by 0.5 percent on the month, defying a forecast for a 0.5 percent fall, data released by the Statistics Office showed on Wednesday.
February’s reading was revised down to an increase of 0.4 percent from a previously reported 0.7 percent rise.
(Writing by Madeline Chambers; Editing by Michelle Martin)
