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- Germany industrial production unexpectedly fell in January
Germany industrial production unexpectedly fell in January
According to provisional data of the Federal Statistical Office (Destatis), in January 2019, production in industry was down by 0.8% from the previous month on a price, seasonally and calendar adjusted basis. Economists had expected a 0.5% increase. The revised figure shows an increase of 0.8% (primary -0.4%) from December 2018.
In January 2019, production in industry excluding energy and construction was down by 1.2%. Within industry, the production of capital goods decreased by 2.5% and the production of intermediate goods by 0.7%. The production of consumer goods showed an increase of 1.5%. Outside industry the energy production was up by 3.6% in January 2019 and the production in construction increased by 0.2%.
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