German Industrial Output Gained More Than Forecast: Economy
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German industrial output increased more than economists forecast in January, rebounding from a December slump as construction activity jumped.
Production rose 1.6 percent from December, when it fell 2.6 percent, which was the steepest decline in almost three years, the Economy Ministry in Berlin said today. Economists forecast a January increase of 1.1 percent, according to the median of 39 estimates in a Bloomberg News survey. In the year, production advanced 1.8 percent when adjusted for working days.