06 July 2012 14:28 [Source: ICIS news]
The country’s economics ministry said that May’s productive output increase was due to higher output in the construction sector, as well as higher industrial production.
The ministry said that despite the risks from the eurozone crisis, the chances for a stable second quarter in
On a two-month sequential comparison – April–May compared with February–March – productive output was down by 0.3% as a 7.0% increase in building and construction was not enough to offset a 0.9% decline in industrial production.
On a year-on-year comparison with April–May 2011,
In a related data release,
In May 2011, the Bundesbank's index for Germany's chemicals and pharmaceuticals production stood at 112.8 points.
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