German Industrial Output Declined More Than Forecast in February

German industrial output fell more than economists forecast in February as cold weather kept workers off construction sites.

Production decreased 1.3 percent from January, when it rose a revised 1.2 percent, the Economy Ministry in Berlin said today. Economists forecast a drop of 0.5 percent after a previously reported gain of 1.6 percent in January, the median of 37 estimates in a Bloomberg News survey showed. In the year, production fell 1 percent when adjusted for working days.