German industrial output unexpectedly surged in September

According to data from the German Federal Statistical Office on Monday, the unexpected increase in German industrial output in September was mainly due to the growth of mechanical equipment production. This increase is almost three times the analyst's forecast, which is a stronger proof that the German economy is emerging from the worst recession after World War II.

Machine tools and large machines manufactured and exported in Germany have always enjoyed a reputation. The report said that the recovery in global economic activity has stimulated the growth in demand for German capital goods, which increased by 3.8% in September.

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