DESTATIS said Germany's industrial output rose 0.2% MoM in June, the third
consecutive monthly increase and in line with the median economist forecast; May
was revised to +0.7% MoM. Auto production led the advance, up 3.6% MoM. A
separate release showed exports expanded for a fifth month and imports jumped,
narrowing the trade surplus to EUR15.4 bln (about $17.8 bln) from EUR19.3 bln in
May.