Factory output dropped in November amid persisting economic headwinds German industrial production dropped for the sixth straight month in November, likely indicating the country entered a recession in the final quarter of 2023, Bloomberg reported on Tuesday, citing data from Germany’s Federal Statistical Office. Production slid 0.7% from October, driven by a slowdown in output of capital goods and intermediate goods as German factories struggle amid a downturn in global demand, particularly from China, high interest rates, and expensive energy, the figures showed. “Disappointing November production data and
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