German industrial output fell 3.5 per cent in December, more than the 2.6 per cent decline originally reported, the Bundesbank said today.
The Bundesbank revised down the output index for the month to 109.1 from 110.2, in a fresh sign that gross domestic product may have contracted slightly in the final quarter of last year.
Economists polled by Reuters expect fourth-quarter gross domestic product figures, due to be released on Wednesday, to show the economy contracted by 0.1 per cent in the fourth quarter, putting Germany on the brink of recession.