German manufacturing slows despite positive expectations

Note: This section contains information in English only.
Source: Bloomberg
Manufacturing production in the largest economy of the Eurozone declined 0.9% in September of this year, while the majority of experts forecasted the output to advance slightly 0.2% from a month earlier. Meanwhile, the data for the previous month was upgraded to the increase of 1.6%. On the annual basis, the industrial production in Germany added 1%, while the pace of growth eased.

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