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German industrial output dips again

German industrial production fell for a third straight month in July, official data showed Thursday, adding to fears of a prolonged downturn in Europe’s largest economy.

Output fell by 0.8 percent compared with the month before, according to seasonally adjusted figures from statistics agency Destatis, following a 1.4-percent drop in June.

Analysts surveyed by FactSet had forecast a smaller decline of 0.35 percent.

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