German Industrial Production declines 2.5% MoM in September vs. -1.0% expected

Germany’s industrial sector activity declined in September, the latest data published by Destatis showed on Thursday.

Industrial output in the Eurozone’s economic powerhouse decreased by 2.5% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, as against the estimated drop of 1.0%  and a 2.9% increase registered in August.

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