Germany November industrial production -0.7% vs +0.2% m/m expected

  • Latest data released by Destatis - 9 January 2024
  • Prior -0.4%

Taking out energy and construction, industrial output was still down 0.5% on the month. The breakdown shows a fall in production for capital goods (-0.7%), intermediate goods (-0.5%), and consumer goods (-0.1%). Energy production did increase by 3.9% on the month but that is offset by a fall in construction output by 2.9%.

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