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German Industrial Production Unchanged

Industrial production in Europe's biggest economy stagnated in February, following a month-on-month increase of just 0.1 percent in January.

BERLIN (AP) -- German government data show that industrial production in Europe's biggest economy stagnated in February -- but the outlook remains promising.

The Economy Ministry said Thursday that February's unchanged reading followed a month-on-month increase of just 0.1 percent in January. That was revised downward from an initial estimate of 0.6 percent.

While construction output improved from an extremely cold January, production of consumer goods declined.

In year-on-year terms, industrial production was up 5.6 percent in February.

The Economy Ministry says prospects of production rising remain good given increasing industrial demand. Orders surged in January and held steady in February.

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