Germany’s industrial production rebounded in October after two months of decline, though the growth was less-than-expected, preliminary data from Destatis showed Monday.
Industrial production rose a calendar-and-seasonally adjusted 0.2 percent from September, when it declined 1.1 percent. Economists had forecast an increase of 0.7 percent.
Excluding energy and construction, industrial production grew 0.7 percent monthly in October. Capital goods output increased 2.7 percent, while production of intermediate goods decreased 1.1 percent. Consumer goods output fell 0.1 percent.
Energy output decreased 5.9 percent, while construction rose 0.7 percent.
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