Dow Jones Newswires: German industrial production increases in November, beating expectations

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German industrial production increased more than expected in November, after being in negative territory in the two previous months.

The Federal Statistics Office said Thursday that total industrial output — comprised of output in manufacturing, energy and construction — rose 1.1% in November from October, in calendar-adjusted terms. Economists had forecast a 0.7% increase in November, according to a poll by The Wall Street Journal.

Construction output increased 2.6% in November on month, while manufacturing output rose 1.0%.

Compared with November 2018, total industrial output fell 2.6% in calendar-adjusted terms.

The office also said production contracted 1.0% in October, less than in the preliminary figure of 1.7%.

The data follows manufacturing orders data Wednesday, which showed a 1.3% decline in orders on an adjusted basis.

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