Germany factory output unexpectedly falls — its 'industrial recession may be getting worse'

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Germany factory output unexpectedly falls — its 'industrial recession may be getting worse'
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October's 1.7% fall means that in the last year output has fallen 5.7% — the steepest year-on-year decline since 2009.

Germany's factory recession looks like it's getting worse as output fell 1.7% in October according to official data. That follows a 0.6% drop in September. The fall means that output in the last year has fallen 5.7% since October 2018 which is"the steepest year-on-year decline since 2009.

Germany's factory recession looks like it's getting worse as output fell 1.7% in October according to official data. That follows a 0.6% drop in September. The fall means that output in the last year has fallen 5.7% since October 2018 which is"the steepest year-on-year decline since 2009.

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