The production of German industry fell by 0.6 percent in September compared to the previous month. The German Federal Statistical Office reported this.
Economists counted on average at a decrease of 0.4 percent. In August, industrial production in Germany increased by a revised 0.4 percent. On an annual basis, production in German industry fell by 4.3 percent in September, after a decrease of 3.9 percent in the previous month.
In a reaction to the figure, ING economist Carsten Brzeski writes that there is a disappointment for German industry, after it appeared on Wednesday that factory orders had risen sharply in September. However, the economist points to the increased activity in the German construction sector.
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