According to data from the Statistics Office Destatis, German industrial production would have marked a drop of 0,9% in September compared to August, disappointing analysts' forecasts – On an annual basis, production is increasing by 1%.
In September, German industrial production recorded a drop of 0,9% compared to the previous month, disappointing analysts who had expected a more contained drop to 0,2%. It is to detect it the Destatis Statistics Office. Compared to September 2012, production has grown by 1% on an annual basis, while in raw terms, the annual increase stands at 4,4%.
In August, industrial production had increased by 1,4% on a monthly basis and by 0,3% on an annual basis.
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