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German Exports Fall Most In 10 Months

Germanys exports declined at the fastest pace in ten months in October mainly due the double-digit fall in demand from the US and overall imports logged a marginal fall, data from Destatis revealed Friday. Exports fell 2.8 percent month-on-month in October, slower than the 1.8 percent decrease in September. This was the biggest fall since...

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Pound Falls As U.K. Economy Shrinks Unexpectedly

The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production. Data from the Office for National Statistics showed that U.K. real gross domestic product shrank unexpectedly 0.1 percent in October, the...

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Eurozone Industrial Production Stagnates In October

Eurozone industrial production stagnated in October as growth in capital goods output was offset by falls in energy and consumer goods production, Eurostat reported Friday. Industrial output remained flat in October after declining 1.5 percent in September. The nil growth matched expectations. Among sectors, only the capital goods sector posted growth, up 1.7 percent. Offsetting...

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