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  HOME PAGE 19/05/2024 21:59 
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Germany's Industrial Output Shows Decline In March

08.05.2024 10:57

Industrial production fell 0.4% in March from previous month, official data shows.

Germany's industrial output fell 0.4% month-on-month in March, shifting from February's downwardly revised 1.7% growth, according to Destatis data released Wednesday.

Markets had expected a 0.6% decline in the March figure.

The production of consumer goods dropped 1.4%, intermediate goods 0.6%, and energy 4.2% from a month earlier.

On an annual basis, industrial production fell 3.3% in March, following a 5.3% decline in February. -



 
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