Sharp drop in German factory output stokes recession fears
Uniunea Europeana
BERLIN German industrial production fell more sharply than expected in August, data showed Wednesday, reviving fears of a recession in Europe's largest economy as it reels from U.S. tariffs. Data from the statistical office Destatis showed that from July to August, industrial production fell by 4.3 percent, much further than the one percent decline anticipated by analysts surveyed by Factset. Following a contraction in GDP of 0.3 percent in the second quarter, the latest figures show "that the
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