Economic Buzz: Germany Industrial Production Rise 0.6% On Month In September

7 Nov 2022 , 02:23 PM

Germany industrial production grew in September after falling a month ago, Destatis reported Monday. Industrial production grew 0.6 percent month-on-month in September, reversing a revised 1.2 percent fall in August. On a yearly basis, industrial output grew 2.6 percent, data showed. Excluding energy and construction, industrial production was up 0.7 percent in September compared with August. Within industry, consumer goods output grew 1.4 percent and that of capital goods by 1.1 percent. Meanwhile, intermediate goods output decreased 0.1 percent. Energy production climbed 1.7 percent, while construction dropped 0.3 percent in September.Powered by Commodity Insights