• German industrial production rose more than expected in August

Market news

9 October 2017

German industrial production rose more than expected in August

In August 2017, production in industry was up by 2.6% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In July 2017, the corrected figure shows a decrease of 0.1% (primary 0.0%) from June 2017.

In August 2017, production in industry excluding energy and construction was up by 3.2%. Within industry, the production of capital goods increased by 4.8% and the production of consumer goods by 2.1%. The production of intermediate goods showed an increase of 1.8%. Energy production was up by 1.7% in August 2017 and the production in construction decreased by 1.2%.

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.