Industrial production in Germany unexpectedly declines in October

Note: This section contains information in English only.
Source: Bloomberg
The manufacturing production in the largest economy of the Eurozone surprisingly dropped in October of 2013, marking the second consecutive month of a decrease. The indicator lost 1.2% on a monthly basis after a 0.7% fall in September. At the same time, analysts predicted the manufacturing production add 0.7% in October. On the annual basis, the output showed a 1% rise.

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