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German industrial output falls less than expected in October

By:
Reuters
Updated: Dec 7, 2022, 07:21 UTC

BERLIN (Reuters) - German industrial production fell less than expected in October, official data showed on Wednesday, in part dragged down by a decrease in production in energy-intensive industrial sectors.

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BERLIN (Reuters) – German industrial production fell less than expected in October, official data showed on Wednesday, in part dragged down by a decrease in production in energy-intensive industrial sectors.

Industrial output was down 0.1% on the previous month, the Federal Statistical Office said.

In a Reuters poll, analysts had pointed to a 0.6% decrease.

For September, the office revised its figure to 1.1% from a previous 0.6%.

In contrast to the overall industry, production in the energy-intensive industrial branches fell by 3.6% on the month in October.

(Reporting by Miranda Murray, editing by Rachel More/Paul Carrel)

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