German Industrial Production climbs 1.3% MoM in September vs. 3% expected

Germany’s industrial sector activity rose less than expected in August, the latest data published by Destatis showed on Wednesday.

In the Eurozone’s top economy, Industrial Output rose by 1.3% over the month in September, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, compared with the expected 3% figure and a 4.3% fall in August.

More to come....