Mon, 09 Dec 2013 15:40:06 GMT
Industrial production in Germany unexpectedly declines in October
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%