• German industrial production declined more then expected in June

Market news

7 August 2018

German industrial production declined more then expected in June

In June 2018,production in industry was down by 0.9% from the previous month on a price, seasonally and calendar adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In May 2018, the revised figure shows an increase of 2.4% (primary +2.6%) from April 2018.

In June 2018, production in industry excluding energy and construction was down by 0.8%. Within industry, the production of capital goods decreased by 0.6% and the production of consumer goods by 1.6%. The production of intermediate goods showed a decrease of 0.8%. Energy production was up by 2.9% in June 2018 and the production in construction decreased by 3.2%.

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