German industrial output falls slightly more than expected in August

Explore stories from Atlantic Canada.

BERLIN - German industrial output shrank in August for the fourth consecutive month, the federal statistics office said on Monday, an indication that the sector remains under serious pressure.

Industrial production fell slightly more than expected in August by 0.2% compared to the previous month. Analysts polled by Reuters had predicted a 0.1% decline. Industrial orders rose by 3.9% in August due to a boost in computing, electronic and optical products, but the outlook for the sector remains challenging, Destatis said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Drone attack near Moscow thwarted by Russian defence forces\u002D TASSExplore stories from Atlantic Canada.
Read more »

ASEAN nations to prioritise members\u0027 rice needs \u002D Malaysia state mediaExplore stories from Atlantic Canada.
Read more »

Australia PM votes in struggling referendum on Indigenous rightsExplore stories from Atlantic Canada.
Read more »

Soccer\u002DRapinoe bids farewell as record NWSL crowd, sports greats pay tributeExplore stories from Atlantic Canada.
Read more »

ASEAN nations to prioritise members\u0027 rice needs \u002D Malaysia state mediaExplore stories from Atlantic Canada.
Read more »

Australia PM votes in struggling referendum on Indigenous rightsExplore stories from Atlantic Canada.
Read more »