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German manufacturing rise another boost for eurozone
09.11.09
The economic recovery in Europe gathered pace today after a rise in Germany's industrial output.
Figures in Berlin showed output rose 2.7% in September, the biggest jump since May and well ahead of the 1% forecast by analysts.
It was another boost for the European economy and came as the UK remained mired in the longest recession on record.
Germany, and France returned to growth in the second quarter of the year and are helping to drag the eurozone out of recession. The US and Japan are also out of recession leaving Britain the only major economy still in decline.
The figures showed construction output fell 1.8% in Germany in September but manufacturing output was up 3.2% and energy production rose 0.4%.
Germany posted growth of 0.3% in the second quarter of the year and recent indicators suggest that expansion accelerated in July, August and September.
