German Industrial Output Rises as Economy Recovers
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German industrial production rose for a second month in October in a sign that a slow recovery in Europe’s largest economy is continuing.
Production, adjusted for seasonal swings, gained 0.2 percent from September, when it climbed a revised 1.1 percent, the Economy Ministry in Berlin said today. The increase was less than the median estimate of 0.4 percent in a Bloomberg News survey. Output advanced 0.8 percent from a year earlier.