German industrial output slumps, recession fears rise
BERLINĀ -German industrial production fell more than expected in March, partly due to a weak performance by the automotive sector, spurring again recession fears in Europe’s largest economy. Production decreased by 3.4 percent on the previous month following a slightly revised increase of 2.1 percent in February, the federal statistical office said on Monday. In … Continue reading German industrial output slumps, recession fears rise
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