CORRECTION: Germany: Annual Industrial Production rises 2% in June

FXstreet.com (Barcelona) - Year-over-year German Industrial Production grew by 2% in June, compared with the the 1.2% decrease registered the previous month, according to data released by Destatis. Analysts expected the indicator to contract by 0.4%.

On a monthly basis German Industrial Production grew 2.4% in June, following a 0.8% fall in May and above forecasts of +0.3%.