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Destatis released its industrial production data for Germany on Friday. German industrial production dropped 1.4% in June, missing expectations for a 0.3% gain, after a 0.2% rise in May. It was the biggest decline since August 2014.
May's figure was revised up from a flat reading.
The output of capital goods plunged 2.6% in June, energy output climbed 2.3%, and the production in the construction sector was down 4.5%, while the production of intermediate goods fell 0.3%.
The output of consumer goods decreased 0.2%.
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