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PARIS — Output at German factories, mines, and power plants declined in October for a second straight month, official data showed Monday, the latest sign that the economy at the heart of the eurozone recovery might not be growing as quickly as had been hoped.
Industrial production, adjusted for seasonal fluctuations, fell 1.2 percent in October from September, when it fell a revised 0.7 percent, the Economy Ministry reported from Berlin. The latest data represented a significant disappointment, as economists surveyed by Reuters had been expecting an increase of 0.8 percent.
But financial markets took the news in stride, with the euro little changed and the main European stock indexes flat in afternoon trading.