[ad_1]
FILE PHOTO – A steel-worker is pictured at a furnace at the plant of German steel company Salzgitter AG in Salzgitter, Lower Saxony on March 17, 2015. REUTERS/Fabian Bimmer/File Photo
BERLIN (Reuters) – German industrial output unexpectedly fell in November for the third consecutive month, data showed on Tuesday, in a further sign that Europe’s largest economy shifted into a lower gear in the final quarter of 2018.
Data from the Federal Statistics Office showed industrial output was down by 1.9 percent, confounding a Reuters forecast for an increase of 0.3 percent.
The figure for October was revised down to a fall of 0.8 percent from a previously reported drop of 0.5 percent.
Reporting by Michael Nienaber, editing by Riham Alkousaa
[ad_2]
Source link