German industrial output fell 1.1% in July, driven by auto production changes
German industrial output dropped 1.1% in July, despite solid order intake and improved business sentiment. KfW chief economist Dirk Schumacher said the decline can be explained primarily by production changes in autom…
1% drop in German industrial output in July runs counter to solid order intake and the recent improvement in business sentiment. He says the decline in industrial production can therefore be explained primarily by production changes in the autom…