Germany industrial production dropped only slightly in October despite the sharp weakness in energy-intensive sectors, signaling a less severe economic downturn at the end of the year.
Industrial production dropped 0.1 percent on a monthly basis in October, slower than the expected fall of 0.6 percent. Nonetheless, the fall was in contrast to the revised 1.1 percent increase seen in September, data from Destatis showed Wednesday.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.