Mumbai, Dec. 8 -- Germany's industrial production rose 1.8% in October, sharply beating expectations and marking its fastest monthly growth since March. The rebound was powered by stronger output in electronics and optical goods, along with solid gains in mechanical engineering, even as the auto sector softened. Broader manufacturing strengthened, with capital, consumer, and intermediate goods all rising, while energy and construction also posted steady growth. Despite the upbeat monthly print, three-month activity remains slightly weaker, though annual output returned to positive territory with a 0.8% increase.
Published by HT Digital Content Services with permission from Capital Market....