German industry output falls sharply in October

FILE PHOTO: An employee of German car manufacturer Porsche works on a windshield of a sports car at the Porsche factory in Stuttgart-Zuffenhausen, Germany, February 19, 2019. REUTERS/Ralph Orlowski

BERLIN - German industrial output fell unexpectedly in October on a sharp drop in production of capital goods, pointing to persistent weakness in the backbone of the economy that may stabilize in the coming months, the Economy Ministry said on Friday. Industrial output dropped by 1.7% on the month, confounding expectations for a 0.1% rise, figures released by the Statistics Office showed.

“The economic weakness in industry remains” the ministry said in a statement. “However, the latest developments in new orders and business expectations indicate that a stabilizing trend could emerge in the coming months.”

Merkel has poisened germany !

Industrial revolution

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

‘Das Boot’: Sky Studios To Deficit Finance German Drama Series & Take Over International RightsSky Studios will deficit finance Germany’s World War II drama Das Boot and take over international rights to the series from Sonar Entertainment. The first season of Bavaria Fiction and Sky D… omg she’s gonna poison a bunch of nazis
Källa: DEADLINE - 🏆 109. / 63 Läs mer »

German neobank Penta partners with a point-of-sale provider to reach nondigital businesses - Business InsiderPenta, a Berlin-based neobank for small- and medium-sized businesses partnered with point-of-sale provider SumUP to reach nondigital businesses.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »