German Industrial Production down by 0.6%

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Wednesday, Feb 07 2018

German Industrial Production down by 0.6%

In December 2017, production in industry was down by 0.6% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In November 2017, the corrected figure shows an increase of 3.1% (primary +3.4%) from October 2017.

In December 2017, production in industry excluding energy and construction was down by 0.7%. Within industry, the production of capital goods decreased by 2.6% and the production of consumer goods by 0.5%. The production of intermediate goods showed an increase by 1.5%. Energy production was up by 1.4% in December 2017 and the production in construction decreased by 1.7%.

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