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    07.07.2016 06:09 German industrial production down 1.3% in May

    07.07.2016 06:09

    German industrial production down 1.3% in May

    In May 2016, production in industry was down by 1.3% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In April 2016, the corrected figure shows an increase of 0.5% (primary 0.8%) from March 2016.

    In May 2016, production in industry excluding energy and construction was down by 1.8%. Within industry, the production of capital goods decreased by 3.9% and the production of intermediate goods by 0.3%. The production of consumer goods increased by 0.5%. Energy production was up by 3.9% in May 2016 and the production in construction decreased by 0.9%.


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