German industry fell 1.1 percent m/m


Production of German industry fell unexpectedly in September. This was shown on Friday by figures from Destatis, the German statistical office.

Production, adjusted for seasonality and working days, was 1.1 percent lower in September than in August. Production was expected to increase by 1.0% on a monthly basis.

In August it was also a 3.5% decrease.

On an annual basis, industrial production was 1.0 percent lower in September compared to an upward revision of 2.2 percent on an annual basis in August.

About the author

Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to [email protected]

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By Leah Kunze

Recent Posts