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German Industry Output Rises as Mild Winter Boosts Construction

German industrial output rose for a third consecutive month in January as mild winter weather boosted construction activity.

Production, adjusted for seasonal swings, increased 0.8 percent from December, when it gained a revised 0.1 percent, the Economy Ministry in Berlin said today. That’s in line with the median estimate of 38 economists in a Bloomberg News survey. The ministry had initially reported a December decline in output of 0.6 percent. Production jumped 5 percent in January from the previous year when adjusted for working days.