German industrial output for Q4 2012 likely below Q3 output

Today the Wall Street Journal is reporting that German industrial output for the 4th quarter of 2012 likely fell below the output for the 3rd quarter, making it possible that Germany could lapse into recession.

Industrial output in Europe's largest economy grew slightly on the month in November but fell short of expectations, further weighing on fourth-quarter growth prospects, data from the country's economics ministry showed Wednesday.
The 0.2% monthly rise in adjusted terms in November wa...


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