India, Feb. 7 -- Germany's industrial output declined the most in five months in December, reflecting a sharp reduction in auto production, Destatis reported Friday.
Industrial output fell 2.4 percent month-on-month in December, offsetting November's 1.3 percent gain.
Production marked the biggest fall since July. Moreover, the decline exceeded the expected drop of 0.7 percent.
Automotive production declined 10.0 percent and output in machine maintenance and assembly fell 10.5 percent. By contrast, the pharmaceutical industry posted the sharp growth of 11.6 percent.
Excluding energy and construction, industrial production was down 3.3 percent from November.
Production of capital goods fell 4.7 percent and the intermediate goods output ...