Germany industrial output recovered at a stronger than expected pace in October underpinned by auto production, data released by Destatis revealed on Tuesday.Industrial production grew 2.8 percent on a monthly basis in October, reversing a 0.5 percent fall in September. Production was forecast to grow 0.8 percent.Excluding energy and construction, industrial production was up 3.2 percent in Octobe...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.