Saturday, April 20, 2024
HomeBusinessGerman industrial output declines in August By Reuters

German industrial output declines in August By Reuters



© Reuters. FILE PHOTO: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo

BERLIN (Reuters) – German industrial production contracted in August, official data showed on Friday, as supply bottlenecks remain due to ongoing pandemic-related distortions and the war in Ukraine.

Industrial output fell by 0.8% on the previous month, the Federal Statistical Office said. In a Reuters poll, analysts had pointed to a 0.5% decline.

For July, the office revised its figure to 0.0% from a previous -0.3%.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments