In August, industrial production expanded 1.7% in seasonal and calendar adjusted terms over the previous month. The monthly expansion came in well above the 0.1% increase observed in July and overshot market expectations, which had industrial production growing 0.5%. The strong monthly figure mainly reflected a sharp expansion in manufacturing, which grew 1.8% month-on-month, contrasting the 0.2% contraction tallied in July. In addition, investment goods production jumped 2.4% over the previous month (July: -1.0% mom), while durable goods production posted a strong 2.4% increase (July: -0.2% mom). As a result of August's reading, the trend in industrial production continued to points upwards with annual average variation in industrial production jumping from 1.0% in July to 3.4% in August which marked the highest level since September 2008.
Industrial output expands more than expected
October 7, 2010
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Germany Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) rose from 52.8 in September to 55.1 in October.
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.