BERLIN Dec 7 German industrial production rose
less than expected in October, data showed on Wednesday, in a
sign that Europe's biggest economy started the fourth quarter on
a weak footing.
Industrial output edged up by 0.3 percent on the month,
data from the Economy Ministry showed. This undershot the
consensus forecast in a Reuters poll for a rise of 0.8 percent.
The slight increase was driven by a 1.7 percent jump in
construction output, the strongest monthly gain since February.
But manufacturing production was almost flat, edging up only 0.1
percent, and energy output fell 0.5 percent.
The September reading was revised up to a fall of 1.6
percent from a previously reported drop of 1.8 percent.
"Overall, industrial production had a subdued start to the
fourth quarter," the Economy Ministry said in a statement,
adding that the recent strong rise in industrial orders had yet
to result in stronger output.
(Reporting by Michael Nienaber; Editing by Madeline Chambers)