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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by Renju Jaya
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