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 per cent on the month, defying a forecast for a 0.5 per cent fall, data released by the Statistics Office showed on Wednesday.
February’s reading was revised down to an increase of 0.4 per cent from a previously reported 0.7 per cent rise.
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