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Germany August industrial production -0.2% vs -0.1% m/m expected

Germany August industrial production -0.2% vs -0.1% m/m expected

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Justin Low
09/10/2023 | 06:02 GMT
  • Latest data released by Destatis - 9 October 2023
  • Prior -0.8%; revised to -0.6%

A big chunk of the lower factory output owes to weaker energy (-6.6%) and construction (-2.4%) developments. If you strip those two out, production in industry was actually up 0.5% on the month.

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