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October 8, 2025
Euro traded at 1.1609 against USD at 9:00 AM PST.
Germany's industrial output registered its sharpest decline in more than three years in August due to the fall in auto production. Industrial output fell 4.3% in August, in contrast to the 1.3% increase in July. This was the biggest fall since March 2022, when output was down 4.4%.
The decrease in production was particularly attributable to the sharp 18.5% fall in auto output. However, this marked decrease partly reflects annual plant closures for holidays and production changeovers. The production of capital goods fell 9.6% and consumer goods slid 4.7%. However, intermediate goods output registered only a moderate decrease of 0.2%.
Energy production was down 0.5%, while construction output grew 0.6% in August. Excluding energy and construction, industrial production fell 5.6% from July and decreased 5.1% from the previous year. Yearly, industrial production declined by 3.9%.
Earlier this week, a 0.8% monthly decrease in German factory orders in August, as the positive impact of order frontloading from the U.S. faded. This follows a 2.7% decrease in July.10/08/2025 - 06:18:00 (RTTNews)
Taiwan's consumer price inflation moderated in September to the lowest level in four-and-a-half years. The consumer price index climbed 1.25% year-on-year in September, slower than the 1.60% rise in August. Further, this was the lowest inflation since March 2021, when prices rose 1.22%.
Food inflation softened to 2.64% in September from 3.18% in August, and the growth of housing costs slowed to 1.61% from 1.81%. Meanwhile, the decline in transportation and communication costs deepened to 2.02% from 1.34%. Monthly, consumer prices edged up a seasonally adjusted 0.11% in September versus a 0.12% increase in the prior month. 10/08/2025 - 05:47:00 (RTTNews)
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