German Industrial Production Comes In Weak

Industrial production was up 1.4% in September, below expectations.

That doesn't make up for even half of the previous month's dismal reading. Revised figures show industrial output down 3.1% between July and August.

Analysts had expected industrial production to rise by 2% from August to September. The data come after a pretty ugly figure for factory orders announced yesterday, with no real bounce back from August's dismal number.