Economic Buzz: German industrial production declines 1.4% on month in May

German industrial production declined in April as the temporary boost from the frontloading of orders ahead of the US tariff hikes faded, data from Destatis revealed on Friday. Industrial output declined 1.4% month-on-month in April, in contrast to the 2.3% rise in March. This was the biggest fall since December. Year-on-year, industrial production saw a decrease of 1.8% following March's 0.7% fall.

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