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