• German industrial activity significantly lower in September

Market news

8 November 2016

German industrial activity significantly lower in September

In September 2016, production in industry was down by 1.8% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In August 2016, the corrected figure shows an increase of 3.0% (primary +2.5%) from July 2016.

In September 2016, production in industry excluding energy and construction was down by 1.7%. Within industry, the production of capital goods decreased by 2.4% and the production of consumer goods by 1.9%.The production of intermediate goods showed a decrease by 0.5%. Energy production was down by 3.1% in September 2016 and the production in construction decreased by 1.5%.

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