Industrial production drops in Germany
According to data released yesterday by Germany's Federal Ministry for Economic Affairs and Climate Action, industrial production in June dropped by 1.5% compared to May.
According to data released yesterday by Germany's Federal Ministry for Economic Affairs and Climate Action, industrial production in June dropped by 1.5% compared to May. Most analysts expected this indicator to drop by just 0.2%. A slowdown in industrial production is bad news for the DAX 40's movement.
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