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German industrial orders dip, but trend still strong German economy to end 2017 "with a bang" as industrial output surges German jobs bonanza pushes unemployment to record low German GDP grew 2.2 percent in 2017, strongest rate in six years German industrial output surges, signalling a healthy 2018 -
BERLIN (Reuters) - German industrial output fell unexpectedly in January, data showed on Friday, adding to signs that factories in Europe's largest economy are operating at a slower pace at the start of the year.
Data from the Economy Ministry showed output fell by 0.1 percent, confounding expectations in a Reuters poll for a 0.5 percent rise.
Separate data published by the Federal Statistics Office showed exports fell unexpectedly by 0.5 percent in January, undershooting a Reuters forecast for a 0.3 percent increase.
Imports also declined by 0.5 percent. A Reuters poll had forecast an unchanged reading.
The seasonally adjusted trade balance was unchanged at 21.3 billion euros ($26.22 billion), the data showed.
($1 = 0.8122 euros)
(Reporting by Joseph Nasr; Editing by Michelle Martin)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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