October factory production dropped in Germany over the previous month in another sign the economy, Europe’s largest, is struggling.
The Federal Statistical Office reported Friday that industrial production fell 1.7% in October over September when adjusted for price, seasonal and calendar factors. It was down 5.3% over October 2018.
The agency reported Thursday that industrial orders in October were down 0.4%, suggesting an upturn in production is not likely in the immediate future.
