Berlin - German industrial production fell sharply in May, data released Monday showed, signalling that the upswing in Europe's biggest economy could be coming to an end.
The Ministry of Economics and Technology said output slipped by a price-and-seasonally adjusted 2.4 per cent in May after falling by 0.2 per cent in April. Production dropped by a downwardly revised 0.8 per cent in March.
Adding to evidence that the German economy could be heading for a slowdown as the year unfolds, data released last week showed German factory orders falling for the sixth consequence month in May.