EMU: Annual Industrial Production drops 1.3% in May

FXstreet.com (Barcelona) - Year-over-year German Industrial Production declined by 1.3% in May, down from the 0.6% decrease registered the previous month, according to data released by Eurostat. This result is in line with market consensus.

On a monthly basis Industrial Production fell 0.3% in May, following a 0.5% increase in April and below forecasts of falling 0.2%.