Dragged down by automobile manufacturing, Germany’s industrial output fell 1.9% month-on-month in December, marking the first contraction since August last year.
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German industrial output declined for the first time since last August, and the sector has yet to emerge from its prolonged slump.
On February 6, according to the latest data released by the German Federal Statistical Office, manufacturing production fell by 1.9% month-on-month in December last year, far exceeding