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German Industrial Output Falls; Exports Rebound

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Germany's industrial production declined more than expected in December, while exports bounced back on rising shipments to the US and China, official data revealed Friday.

Industrial output decreased 1.9 percent month-on-month in December, reversing a 0.2 percent rise in November, Destatis reported.

This was much bigger than the expected fall of 0.2 percent and also marked the first decline in four months.

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