German Industrial Production rises 2.1% MoM in February vs. 0.3% expected

Germany’s industrial sector extended its pace of expansion in February, the latest data published by Destatis showed on Monday.

Industrial output in the Eurozone’s top economy rose 2.1% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, as against the 0.3% expected and a 1.3% increase in January.

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