German Industrial Output Unexpectedly Fell in December: Economy
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German industrial output unexpectedly fell in December, signaling that Europe’s largest economy remains vulnerable to weakness in the rest of the region.
Production, adjusted for seasonal swings, decreased 0.6 percent from November, when it rose a revised 2.4 percent, the Economy Ministry in Berlin said today. Economists predicted a gain of 0.3 percent, according to the median of 40 estimates in a Bloomberg News survey. Production rose 2.6 percent from a year earlier when adjusted for working days.