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Economy and macroUpdated November 6

German industrial output rose 0.7% in September.

Germany’s industrial production rose 0.7% from August in September, according to preliminary data announced by the Federal Statistical Office after seasonal and calendar adjustment. Output was also up 0.4% year on year. The Saudi Press Agency said the annual rise was slightly below experts’ expectations. Asharq Al-Awsat reported that recovering car production provided a larger-than-expected boost to September output. SPA also noted drought-related constraints and negative effects from the wars in Iran and Ukraine.

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