The print reflected roust growth in intermediate and consumer goods and construction activity being offset by drops in capital goods and energy output. Industrial Production in Germany decreased 1 percent in December of 2020 over the same month in the previous year. Industrial production in Germany stalled in December of 2020, following an upwardly revised 1.5 percent rise in November and compared to market forecasts of a 0.3 percent increase, amid new coronavirus lockdowns in Germany and other European countries. BERLIN (AP) – Industrial production in Germany, Europe’s biggest economy, stagnated in December after seven consecutive months of gains, official data showed Monday. Industrial production growth flatlined in December on a calendar-adjusted month-on-month basis, down from the 1.5% increase recorded in November. German industrial production rose in November at a slower pace than that of the previous month, statistics office Destatis said Friday. Germany's economic, scientific, research and industrial capabilities were one of the most technically advanced in the world at the time and supported a rapidly growing, innovative military. Based on provisional data, the Federal Statistical Office (Destatis) reports that production in industry excluding energy and construction was down by 10.8% in price and calendar adjusted terms in 2020 compared with 2019. Although industrial production has been recovering since its unprecedented contraction in March and April, overall output was 8.5% lower in calendar-adjusted terms in 2020 compared with the previous year. Production in the German industry declined by slightly more than one tenth in 2020 year on year. By contrast, unification revealed that most of eastern German industry was incapable of competing in a free market. 22 February 2021 Industrial production down by more than 10% in 2020. Industrial production fell 2.5 percent month-on-month in January, confounding expectations for an increase of 0.2 percent. Industrial Production in Germany averaged 1.22 percent from 1979 until 2020, reaching an all time high of 15.30 percent in December of 2010 and a record low of -24.50 percent in April of 2020. German Industrial Production Flat After 7 Months of Gains Official data shows that industrial production in Germany, Europe’s biggest economy, stagnated in … BERLIN (AP) — Industrial production in Germany, Europe’s biggest economy, was up 3.2% in October compared with the previous month, according to official data released Monday. On an annual basis, industrial output dropped 1.0% in December, up from the 2.5% Germany is one of the world’s leading manufacturers of steel, with production Germany's industrial production decreased unexpectedly in January, data from Destatis revealed on Monday. Germany introduced stricter lockdown restrictions in December, which likely weighed on energy demand and discouraged new building plans. German industrial products are viewed with great prestige on world markets and are in strong demand overseas. Production had advanced 1.9 percent in December. It was the second set of figures for October to beat economists’ expectations.
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