German industrial output drops unexpectedly in November
German industrial production unexpectedly fell in November compared to the previous month, the federal statistics office said on Tuesday, marking the sixth monthly decline in a row.
Industrial production fell in November by 0.7 percent compared to the previous month. Analysts polled by Reuters had predicted a 0.2-percent rise.
READ: German December economic activity deteriorates -PMI
The statistics office revised data for October to a 0.3-percent decline in industrial output on the month, instead of a 0.4-percent drop.
The less volatile three-month on three-month comparison showed that production was 1.9 percent lower in the period from September to November than in the previous three months, the office said.