German factory output declined by 0.6% in November - News - Dukascopy Bank

Mon, 09 Jan 2012 15:56:47 GMT
Source: Forexpros
 
© Scanpix/AFP

Germany's industrial production decreased more than expected in November, falling for the first time for four consecutive months. Industrial production declined by 0.6% seasonally adjusted in November, reported Destatis. Analysts had expected the production to contract by 0.5%. On an annual basis, the production expanded by 3.6% in November while experts predicted 3.9% rise after a 4.2% increase in the preceding month.


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