unexpectedly and following a significant increase in the previous month's reading, German industrial output fell in January, indicating a weak start to the year for the manufacturing sector in the largest European economy.
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According to CNBC, the figures released by the Federal Statistics Office show a decline in output in the industrial sector, including construction and energy, by 2.5 percent compared to the previous month. A Reuters poll had expected an increase of 0.2 percent.
The office revised the December figure to 1.9 percent growth instead of unchanged in the previous reading.
