• German industrial production down 1.3% in May

Market news

7 July 2016

German industrial production down 1.3% in May

In May 2016, production in industry was down by 1.3% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In April 2016, the corrected figure shows an increase of 0.5% (primary +0.8%) from March 2016.

In May 2016, production in industry excluding energy and construction was down by 1.8%. Within industry, the production of capital goods decreased by 3.9% and the production of intermediate goods by 0.3%. The production of consumer goods increased by 0.5%. Energy production was up by 3.9% in May 2016 and the production in construction decreased by 0.9%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.