The German industry grew more than forecast in October, data released Wednesday showed, adding to signs that Europe's biggest economy is withstanding the fallout from the eurozone debt crisis, dpa reported. The Ministry of Economics said output rose by 0.8 per cent in October, bringing to an end two consecutive monthly falls. The increase came after a sharp 2.8-per-cent contraction in September. Analysts had predicted a more modest 0.4-per-cent gain in October. But releasing the data, the ministry moved to dampen expectations about the outlook for industrial production. "Industrial production continued along the more subdued growth path that emerged during the third quarter," the ministry said. Still, output gained 1.7 per cent during the third quarter, compared with the three months to the end of June. Compared with the combined data for September and October 2010, output rose by 4.7 per cent in the same two months this year.
