European Stocks Mixed as German Industrial Production Disappoints

German Industrial Production Weakens, Adding to Economic Concerns

Data released earlier on Tuesday showed that German industrial production unexpectedly fell by 0.7% in November, marking the sixth consecutive monthly decline. This decline in production comes as a blow to the German economy, which was already the weakest among its large eurozone peers last year. High energy costs, shaky global orders, and record-high interest rates have all taken their toll on Europe’s biggest economy.