German industrial production dips 0.3 pct in November

AP News
|
Posted: Jan 08, 2016 3:14 AM

BERLIN (AP) — Industrial production in Germany declined by 0.3 percent in November.

Figures published Friday by the Economy Ministry showed production compared with October was dragged down by a 3.3 percent drop in capital goods production.

Germany saw an 0.5 percent rise in overall industrial production in October.

Carsten Brzeski, an analyst at ING-DiBa, said the figures add to evidence that "the Chinese and emerging market slowdowns are leaving their marks on the Eurozone's largest economy."