Germany's industrial production and exports continued to grow in November, raising hopes that the economy could avoid a contraction in the fourth quarter, official data revealed Friday.
Industrial output grew 0.9 percent month-on-month in November, slower than the revised 3.4 percent increase seen in October, Destatis reported. However, this was better than the economists' forecast of +0.7 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.