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German industrial output shrinks in August: official data

[FRANKFURT] German industrial production dropped sharply in August, weighed down by falling manufacturing and construction output, data showed on Tuesday.

According to regular data compiled by the economy ministry, industrial output contracted by 4 per cent in August, after rising by 1.6 per cent in July.

Manufacturing output fell by 4.8 per cent and construction output was down by 2 per cent while energy construction output edged up by 0.3 per cent, the ministry calculated. - AFP