Global Economic News

German Industrial Output Falls Further, Construction Activity Downturn Deepens

Germany's industrial production declined for the fourth straight month in September and the downturn in construction deepened further, reinforcing fears of a recession at the end of the year.

Industrial output registered a monthly fall of 1.4 percent, faster than the revised 0.1 percent drop in August, data published by Destatis revealed on Tuesday. This was the fourth consecutive decline.

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by Renju Jaya

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