Frankfurt, Germany, Oct 8, 2024 (AFP) - German factory output rises but recession risk remains

NAMPA / AFP
2024-10-08
German industrial production rose more than expected in August, official data showed Tuesday, but experts said the rare bit of good news for Europe's largest economy would not stave off recession fears. Output rose by 2.9 percent month-on-month, federal statistics office Destatis said, erasing July's 2.9-percent drop. Analysts surveyed by financial data firm FactSet had expected a more modest increase of 0.8 percent. The rise was driven by a stro......
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