Germany’s October Industrial Output Misses Expectations

German industrial output in October was lower than anticipated, data from the country’s economics ministry showed Thursday.

In monthly, adjusted-terms factory output declined by 1.4%, disappointing expectations of a 0.7% increase stated in a survey of economists by The Wall Street Journal.

The decline was fairly widespread across sectors, with manufacturing output down 2.0% and construction output falling 1.3%.

Energy output, however, grew by 5.1% on month.
Source: Dow Jones

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