German industrial production surges in August

Note: This section contains information in English only.
Source: Bloomberg Businessweek
© Scanpix/Reuters
Manufacturing sector in Germany, which accounts for 25% of country's economy, jumped 1.4% in August of this year on a monthly basis, while a contraction in July reached 1.1%. Economists, on average, predicted the production to add 1%. On the annual basis the second main sector of German economy increased slightly by 0.3%. Analysts say that German economic conditions continue to improve.
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