Business news from Ukraine

Industrial production in Germany fell by 1.5% in June

7 August , 2023  

The volume of industrial production in Germany in June decreased by 1.5% compared to the previous month, reported the Federal Statistical Office of the country (Destatis).

Experts surveyed by Trading Economics expected a decline of 0.5%.

In May, industrial production in Germany decreased by 0.1%.

The production of capital goods in June fell by 3.9%, consumer goods – increased by 1.8%, intermediate goods – increased by 0.4%.

Construction output fell 2.8% and electricity generation rose 0.6%.

German industrial production in June was 1.7% below the same month in 2022.

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