German industrial production decreased unexpectedly in February, figures from Destatis revealed on Friday.

Industrial output dropped 1.6 percent month-on-month in February, while economists had forecast an increase of 1.5 percent. Production had decreased 2 percent in January.

Excluding energy and construction, industrial output was down by 1.8 percent from the previous month.

Within industry, the production of capital goods dropped 3.2 percent and that of intermediate goods by 1.0 percent. On the other hand, consumer goods output grew 0.2 percent.

Outside industry, energy production was down by 1.0 percent and construction output decreased 1.3 percent.

The material has been provided by InstaForex Company – www.instaforex.com

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.