{"id":151334,"date":"2023-09-07T11:43:41","date_gmt":"2023-09-07T06:13:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=151334"},"modified":"2023-09-07T11:43:41","modified_gmt":"2023-09-07T06:13:41","slug":"german-industrial-production-drops-0-8-mom-in-july-vs-0-5-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/german-industrial-production-drops-0-8-mom-in-july-vs-0-5-expected-crypto-news\/","title":{"rendered":"German Industrial Production drops 0.8% MoM in July vs. -0.5% expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The official data showed on Thursday that the German Industrial Production fell more than expected in July, pointing to further weakness in the country\u2019s manufacturing sector activity.<\/p>\n<p>Industrial output in the Eurozone\u2019s economic powerhouse dropped 0.8% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and\u00a0calendar\u00a0effects, vs. -0.5% expected and -1.4% previous.<\/p>\n<p>Annually, Germany\u2019s Industrial Production declined 2.1% in July when compared to a 1.5% drop in June.<\/p>\n<h2 class=\"fxs_headline_medium\">FX implications<\/h2>\n<p>The shared currency remains vulnerable against the US Dollar after weak German industrial figures. The pair is losing 0.07% on the day to trade at 1.0719, as of writing.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The official data showed on Thursday that the German Industrial Production fell more than expected in July, pointing to further weakness in the country\u2019s manufacturing sector activity. Industrial output in the Eurozone\u2019s economic powerhouse dropped 0.8% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and\u00a0calendar\u00a0effects, vs. -0.5% expected and -1.4% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":120744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,843,433,728,255,4758,250,252,247,253,249,256,254],"class_list":["post-151334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-eurusd","tag-germany","tag-gta","tag-industrialproduction","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=151334"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151334\/revisions"}],"predecessor-version":[{"id":151335,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151334\/revisions\/151335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/120744"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=151334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=151334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=151334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}