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by ForexNewsNow Team on September 8, 2010

Indicator analysis: German industrial production disappoints

Indicator analysis - German industrial productionNEW YORK (Forex News Now) – Industrial production in Germany grew less than expected in July, official data showed on Wednesday in one of the day’s major realtime forex news events.

In a report likely to impact currency market trading, Germany’s statistics bureau said industrial production increased 0.1 percent during the month, up from a drop of 0.6 percent in June.

Analysts had expected an increase of 1.1 percent in September, two global forex news outlets reported.

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