German industrial production falls sharply in September
German industrial production fell more than expected in September, according to data published on Thursday, which points to a persistent weakness in this powerful sector of Europe’s largest economy.
Industrial production fell 0.6% per month, according to figures from the Ministry of Economy. A Reuters survey pointed to a 0.4% drop.
Factories produced less equipment, intermediate and consumer goods, the data showed.
The August figure was revised upwards to an increase of 0.4%, instead of the 0.3% increase initially calculated.
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