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GERMANY (SEP) INDUSTRIAL PRODUCTION WDA YOY ACTUAL: 0.4% VS 2.3% PREVIOUS;EST 1.2%
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Germany’s September industrial production rose 0.4% year over year on a working-day-adjusted basis, missing the 1.2% consensus estimate and slowing sharply from the 2.3% pace recorded previously. The weaker-than-expected reading points to a loss of momentum in Europe’s largest manufacturing economy. Traders will watch upcoming factory orders and PMI data for confirmation of whether the slowdown is broadening.
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