German output boosts recovery
German industrial output grew at its fastest rate since reunification in the third quarter, and exports rose for the fourth time in five months, showing the eurozone should move faster out of recession in the third quarter.
An estimate of German GDP is due out on Friday. Economists polled last week had forecast it would expand 0.8 per cent in the third quarter, but the data suggests the prediction may have been too cautious.
It also pointed to the eurozone having emerged strongly from recession in the third quarter.