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German industrial output surges, signalling a healthy 2018

Reuters  |  BERLIN 

By Joseph Nasr and Michael NienaberBERLIN (Reuters) - Industrial production and exports from Germany rose more than expected in November, prompting the government to raise its estimate of growth for 2017 and signalling that its expansion would carry on this year.Industrial output jumped 3.4 percent for the month, the biggest increase since September 2009, the Federal Statistics Office reported on Tuesday, overshooting a 1.8 percent forecast in a Reuters poll.Seasonally adjusted exports for November rose 4.1 percent on the month and domestic demand pushed imports up 2.3 percent. Both figures ...

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First Published: Tue, January 09 2018. 19:44 IST
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