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Germany: Annual Industrial Production drops 1.8% in February

FXstreet.com (Barcelona) - Year-over-year German Industrial Production decreased 1.8% in February, following a 2.6% drop in January, Destatis reported on Monday.

On a monthly basis Industrial Production rose 0.5%, compared with the 0.6% fall and above expectations of +0.3%.

Germany Feb Industrial Production s.a. w.d.a. (YoY) improves to -1.8% vs -2.6% (Jan)

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Having climbed to capture the 1.3000 level, EUR/USD looks to have met some resistance during a day lacking any significant economic data releases.
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