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BERLIN | Industrial production drops in Germany in October

BERLIN — Official figures show that factory production in Germany declined in October in another sign that Europe’s largest economy may be slowing. The Economy Ministry said Friday that industrial production dropped 0.5 percent in October over September after adjusting for seasonal and calendar factors. The drop erased modest gains made in the last two … Continue reading BERLIN | Industrial production drops in Germany in October

BERLIN | German factory orders up for 3rd straight month in October

BERLIN — German factory orders edged up 0.3 percent in October as a large increase in demand from other countries in the eurozone outweighed a fall in domestic orders. The month-on-month rise reported Thursday by the Economy Ministry was the third consecutive increase in orders, an important indicator for Europe’s biggest economy. They were up … Continue reading BERLIN | German factory orders up for 3rd straight month in October

BERLIN | German economy shrinks for the first time since early 2015

BERLIN — Germany‘s economy shrank slightly in the third quarter of 2018, the first quarterly decline since early 2015, largely because of bottlenecks in getting new cars certified under tougher emissions tests. The Federal Statistical Office reported Wednesday that the German economy shrank by 0.2 percent in the third quarter. The figures have been adjusted … Continue reading BERLIN | German economy shrinks for the first time since early 2015