German Industrial Output Down Again

German Industrial Output Down Again

Manufacturing output dropped 1.1%.

FRANKFURT -- With economic activity down in all major sectors, German industrial production shrank again in October, official data showed on Monday.

Industrial output contracted by 1.2 % in October after already declining by 0.7% in September.

Economic activity was down across the board, with manufacturing output down 1.1%, construction output shrinking by 1.7% and energy output contracting by 1.9%.

Taking September and October combined to iron out short-term fluctuations, industrial output contracted by 0.5% compared with the preceding two months, the ministry calculated.

Copyright Agence France-Presse, 2013

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