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German Industrial Output Growth Tops Expectations; Construction Shrinks

Por: RTTNews Business April 06, 2023

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Germany's industrial production expanded more than expected in February, underpinned by the growth in automotive output, and alleviated the risk of recession. However, a closely watched survey showed that the construction sector continued to contract in March after output and new orders fell at faster rates. Industrial output grew 2.0 percent on a monthly basis in February, Destatis reported Thursday. This was faster than economists'... + full article



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