German manufacturing output climbed more than predicted in January

Note: This section contains information in English only.
Source: Bloomberg
German production output accelerated more than expected in January as construction activity surged. Manufacturing advanced 1.6% compared to December, said Economy Ministry. Economists questioned by Bloomberg earlier predicted an increase of 1.1%. On yearly basis industrial output added 1.8%. The report indicates Germany may avoid economic slowdown even if European demand for nation's exports declines. 

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