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As on: Dec 17, 2018 12:40 PM
Economic Buzz: German Industrial Production Slides In October
07-Dec-18   16:15 Hrs IST
German industrial production dropped 0.5 percent in October from September, when they grew 0.1 percent, revised from 0.2 percent. The latest fall was the first since a 1 percent slump in July. Within industry, production of consumer goods dropped 3.2 percent, while that of capital goods grew 0.3 percent. Intermediate goods output rose 0.2 percent. Excluding construction and energy, industrial production decreased 0.4 percent from the previous month. Energy output dropped 3.2 percent and construction fell 0.3 percent. On a year-on-year basis, industrial production increased 1.6 percent in October after a 0.7 percent gain in September.

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