Bundesbank optimistic for German industry

The Bundesbank said in its June monthly report published 21 June that it is expecting the recovery in the German industrial sector to continue this year.

"Output and incoming orders in April point to a continuation of the upward movement in the industrial sector," the German central bank wrote.

Industrial output in Germany surged by 2.2% on a monthly basis in April, after declining 1.1% in March.

The Bundesbank noted that the figure was likely to be "revised downwards sharply".

German manufact

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