German Industrial Output Drops in Sign Growth Stalling: Economy
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German industrial output declined in November as factories produced fewer investment and consumer goods, adding to signs that growth in Europe’s largest economy may have stalled.
Production fell 0.6 percent from October, when it rose 0.8 percent, the Economy Ministry in Berlin said today. Economists forecast a 0.5 percent drop, according to the median of 30 estimates in a Bloomberg News survey. In the year, production rose 3.6 percent when adjusted for working days.