The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

FRANKFURT, Hesse (AFP) – German industrial production fell more than expected in July, following a sharp increase in June, official data showed on Friday.

Industrial output contracted by 1.7 percent in July after expanding by 2.0 percent in June, the economy ministry calculated in preliminary data.

Analysts had been projecting a shallower decline of around 0.5 percent for July.

While construction output expanded by 2.7 percent, energy output fell by 2.9 percent and manufacturing output was down by 2.1 percent, the ministry said.

Taking the June and July combined to iron out short-term fluctuations, industrial output expanded by 0.5 percent compared with the preceding two months.

Already on Thursday, the ministry published a bigger-than-expected drop in industrial orders in July.

Photo Credit: AFP/Johannes Eisele

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Chuck Todd

Photo by U.S. National Archives (Public domain)

Reprinted with permission from Press Run

Surveying the media landscape and seeing a Beltway press corps that's constantly on the run from Republican attacks, Meet The Press moderator Chuck Todd this week urged his colleagues to stand up to the right-wing bullies, who have spent decades demonizing journalists.

Keep reading... Show less

Former President Trump takes a phone call in the Oval Office.

Photo by The White House

Reprinted with permission from Alternet

Former President Donald Trump was relentless in his efforts to overturn the presidential election. Although he has adamantly insisted that his actions were not an attempt at a coup, there is reportedly evidence indicating that it was. According to The Daily Beast, details have been revealed about Trump's phone call that may have led to the attempted coup at the U.S. Capitol.

Keep reading... Show less
x

Close