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- German industrial production down 0.4% in March
German industrial production down 0.4% in March
In March 2017, production in industry was down by 0.4% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In February 2017, the corrected figure shows an increase of 1.8% (primary +2.2%) from January 2017.
In March 2017, production in industry excluding energy and construction was down by 0.5%. Within industry, the production of capital goods decreased by 1.2%. The production of consumer goods remained at the same level of the previous month. An increase ofproduction was recorded for intermediate goods (0.1%). Energy production was down by 2.5% in March 2017 and the production in construction increased by 1.5%.
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