German industrial production rises more than expected

German industrial production rose more than economists forecast in October as factories weathered debt turmoil that hurt output in other countries across the region and threatens to push it into a recession.

7th December, 2011
German industrial production rises more than expected
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German industrial production rose more than economists forecast in October as factories weathered debt turmoil that hurt output in other countries across the region and threatens to push it into a recession.

Production climbed 0.8 per cent from September, when it dropped 2.8 per cent, the Economy Ministry in Berlin said today.

Europe’s two-year-old debt crisis has damped demand for German goods, increasing the chance that the economy will contract. Still, factory orders rebounded 5.2 per cent...

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