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German industrial production rises for 4th consecutive month
Last Updated: 2014-04-07 19:18 | Xinhua
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Industrial production in Germany rose for the fourth consecutive month in February, official data showed on Monday.

That added signs that the Europe's largest economy would accelerate its growth this year.

Adjusted for price, seasonal and working day fluctuations, production in industry was up by 0.4 percent in February from January, when the output grew by 0.7 percent, German Federal Statistical Office said.

Production of intermediate goods led the expansion with a growth of 1.3 percent, followed by consumer goods production which increased by 0.3 percent.

Production in energy, capital goods and construction, however, were down by 0.3 percent, 0.2 percent and 0.1 percent in February, respectively.

Last week, the Wiesbaden-based office reported that industrial orders were up by 0.6 percent in February in seasonally adjusted terms.

"The data suggested a further revival of industrial production in the coming months and enhancing domestic economic dynamics in the first quarter," said German Federal Economic Ministry in a statement.

German government expected economy, driven by domestic demands and investment, to expand by 1.8 percent in 2014, following a moderate growth of 0.4 percent last year.

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