German industrial production unexpectedly fell in December as the timing of Christmas holidays damped manufacturing and construction.
Output, adjusted for seasonal swings and inflation, dropped 3 percent from November, when it advanced a revised 0.5 percent, the Economy Ministry in Berlin said on Tuesday. The volatile indicator’s worst reading since early 2009 compares with a median estimate for a 0.3 percent increase in a Bloomberg survey. Production was down 0.7 percent from a year earlier.