Economic Indicators
German industrial output declines in August
2022.10.07 03:41
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German industrial output declines in August
Budrigannews.com – 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%.
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