German industrial production up only slightly in October
BERLIN — German industrial production rose more weakly than expected in October following a significant decline the previous month.
The Economy Ministry said Wednesday that production in Europe’s biggest economy was up 0.3 percent compared with September, well below the 0.8 percent economists had predicted. In September, production was down 1.6 percent — revised from the initial reading of a 1.8 percent drop.
The rise was led by a strong pick-up in the construction sector.