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Germany's industrial production fell 0.2% in August



The Germany industrial production last August registered a decrease of 0.2% compared to the previous month, when it had increased by 1.4%. Compared to the same month of 2019, it decreased by 9.6%, according to data published by the Federal Statistical Office (Destatis).

The production of the German industry, excluding energy and construction, registered a fall of 0.7%. In the segment intermediate goods production increased by 3.3%, while in the case of consumer goods it fell by 1.3% and in capital goods by 3.6%.

Regarding the production of Energy it increased 6.7% in August and in construction it decreased 0.3%.

In the case of Automotive industry, production fell 12.5% ​​monthly in August, after having registered an increase of 8.9% in July. This means that it is still 25% below the levels of last February, when the impact of the coronavirus pandemic and the containment measures applied began.

. (tagsToTranslate) industrial production (t) (t) Germany (t) fell (t) 2% (t) August (t) Category: All (t) Category: Economic News (t) Category: Pulses


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