Industrial production in Germany fell 1.1% in July compared to the previous month, according to the country’s statistics office. This marks the sharpest decline since August of last year.
Analysts had expected an average increase of 0.3%, according to Trading Economics.
According to revised data, the figure remained unchanged in June, whereas it had previously been reported to have risen by 0.2%.
Output of consumer goods fell by 2.2% in July, capital goods by 3.4%, and intermediate goods by 0.2%.
Output in the automotive industry fell by 9.2%. Energy production increased by 4.7%, and construction output rose by 0.9%.
On a year-over-year basis, industrial production in Germany fell by 1.6% the month before last, following a 0.5% decline in June.
