German output gains momentum

13th January 2004, Comments 0 comments

13 January 2004, BERLIN - In the latest sign that the German economy is emerging from three years of stagnation, Berlin said that industrial production posted a solid 1.3 percent rise in November from October. It was the send consecutive monthly rise in production and followed a 2.8 percent jump in industrial performance in October.

13 January 2004

BERLIN - In the latest sign that the German economy is emerging from three years of stagnation, Berlin said that industrial production posted a solid 1.3 percent rise in November from October.

It was the send consecutive monthly rise in production and followed a 2.8 percent jump in industrial performance in October.

The November rise in production beat analysts forecasts, who had been predicting a more modest 0.6 per cent increase.


For the two-month period of October-November, output was 1.3 per cent higher than in the same timeframe of 2002, the ministry said.

DPA
Subject: German news

 

 

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