A plunge in car production drove an unexpected drop in German industrial output ...
FILE PHOTO: Aerial view of containers at a loading terminal in the port of Hamburg, Germany August 1, 2018. REUTERS/Fabian Bimmer/File Photo
Industrial output dropped 0.8 percent, well below market expectations for a rise of 0.5 percent, data from the Statistics Office showed. Seasonally adjusted exports were flat month-on-month in January - compared to a forecast 0.5 percent contraction - while imports rose 1.5 percent, the data showed. That meant the trade surplus narrowed to 18.5 billion euros.
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