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German industrial output plunges in January

March 08, 2021 / 11:21 AM
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Sharjah24 – Reuters: German industrial output fell unexpectedly in January following a strong upward revision in the previous month, data showed on Monday, suggesting that the manufacturing sector in Europe's largest economy got off to a weak start this year.
Output in the industrial sector, including construction and energy, was down 2.5% on the month, data released by the Federal Statistics Office showed. A Reuters poll had forecast an increase of 0.2%.

The December figure was revised up to 1.9% from a previously reported unchanged reading.
March 08, 2021 / 11:21 AM

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