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German Factory Output Dips

German Factory Output DipsGerman Factory Output Dips

Germany’s economic ministry said industrial production shrank 4% in August. The fall was the biggest since early 2009 and was far sharper than the 1.5% drop expected. According to BBC, weak demand for goods in both the eurozone and China, and disruption to trade with important trading partner Russia, are holding back orders.

 

Financialtribune.com