According to provisional data of the Federal Statistical Office (Destatis), in July 2020, production in industry was up by 1.2% on the previous month on a price, seasonally and calendar adjusted basis. Economists had expected a 4.7% increase. Compared with July 2019, the decrease in calendar adjusted production in industry amounted to 10.0%.
In July 2020, production in industry excluding energy and construction was up by 2.8%. Within industry, the production of intermediate goods showed an increase by 4.0%. The production of consumer goods increased by 1.8% and the production of capital goods by 2.1%. Outside industry, energy production was down by 0.6% in July 2020 and the production in construction decreased by 4.3%.
Production in the automotive industry in July rose slightly by 6.9% month on month. However, it was still by just over 15% lower than in February 2020.
In June 2020, the corrected figure shows the production in industry an increase of 9.3% (primary +8.9%) from May 2020.