Business & Finance
German industrial output jumps in October
- Industrial output was up by 3.2% on the month after an upwardly revised increase of 2.3% in the previous month, figures released by the Federal Statistics Office showed.
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BERLIN: German industrial output rose much more than expected in October, data showed on Monday, in a further sign that the export-oriented manufacturing sector helped Europe's largest economy to get off to a solid start in the fourth quarter.
Industrial output was up by 3.2% on the month after an upwardly revised increase of 2.3% in the previous month, figures released by the Federal Statistics Office showed.
A Reuters poll had forecast an increase of 1.6%.