German manufacturing output unexpectedly drops in December

Source: Bloomberg
© RS
An unexpected drop in German industrial output in December warns about the Europe's biggest economy's vulnerability to weakness in the rest of the region. Today's report showed manufacturing output fell 0.5% in December compared to the previous month as well as investment-goods production declined 2.5%. Berlin Economy Ministry said today that production slid 0.6% from November, after it gained revised 2.4%.
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