Germany's industrial output decreased unexpectedly in October on weak energy and auto production, darkening economic outlook, official data revealed on Friday.
Industrial output registered a 1.0 percent decrease in October, data from Destatis showed. The decline confounded expectations for an increase of 1.0 percent. Production was down by revised 2.0 percent in September.
On a yearly basis, industrial production slid 4.5 percent after a 4.3 percent fall. The monthly fall was largely driven by the sharp 8.9 percent decrease in energy production. The automotive industry also made a negative contribution with output falling 1.9 percent.
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