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German Industrial Production Recovers In September

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Germany's industrial production recovered in September driven by the rebound in the auto industry, official data revealed on Thursday.

Industrial output expanded 1.3 percent from August, when it was down 3.7 percent, Destatis reported. Economists had forecast a monthly growth of 3.0 percent.

Year-on-year, industrial production logged a slower decline of 1.0 percent, following a 3.6 percent decrease in August.

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