German industrial production drops 1. 8 percent

(AGI) Berlin, July 7 - German industrial production fell 1.8percent in May on a monthly basis, the largest drop since 2012.It fell 0.3 percent in April, adjusted from an initial figureof 0.2 percent. Analysts expected production to be unchanged,but the Ministry of Economy said the drop was due to extendedbank holidays, a weakening building sector and geopoliticalfactors. . .

(AGI) Berlin, July 7 - German industrial production fell 1.8percent in May on a monthly basis, the largest drop since 2012.It fell 0.3 percent in April, adjusted from an initial figureof 0.2 percent. Analysts expected production to be unchanged,but the Ministry of Economy said the drop was due to extendedbank holidays, a weakening building sector and geopoliticalfactors. . .