German Industrial Production jumps 1.4% MoM in June vs. 1.0% expected

Germany’s industrial sector returned to expansion in June, the latest data published by Destatis showed on Wednesday.

Industrial output in the Eurozone’s top economy increased by 1.4% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, as against an expected increase of 1.0%  and a 2.5% drop registered in May.