In October, industrial production increased a seasonally and working-day adjusted 0.8% over the previous month. The reading contrasted the revised 2.8% contraction recorded in September (initially reported: -2.7% month-on-month) and surprised private sector analysts on the upside, who had industrial production rising only 0.3%. The October expansion was broad-based, with all the main categories recording improvements over the previous month, particularly manufacturing (September: -2.8% mom; October: +0.8% mom) and energy supply (September: -4.5% mom; October: +1.8% mom). Compared to the same month last year, industrial output decelerated from a 5.4% increase in September to a 4.1% expansion in October, which represented the slowest pace since January 2010. Consequently, the trend continues to point downwards, which suggests that the industrial sector is losing steam. In addition, annual average growth in industrial production dropped from 10.1% in September to 9.3% in October.
Industrial production expands in October
December 7, 2011
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Germany Economic News
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.
September 26, 2016
German businesses turned much more optimistic in September.