In October 2023, the volume of industrial production in Germany decreased by 0.4% compared to the previous month, according to data from the country's Federal Statistical Office Destatis. This figure was below the average forecasts of analysts, who expected an increase of 0.2%. The rapid decline in industrial production has continued in Germany for five consecutive months. It is also worth noting that the data for September were revised: instead of the previously noted decrease of 1.4%, the level of industrial production has now decreased by 1.3%. Read more by sector: output of capital goods decreased by 1% last month, intermediate goods – by 0.4%, output of consumer goods increased by 0.4%. Separately, it is worth noting a decrease in construction volumes by 2.2% compared to the previous month, while electricity generation increased by 7.1%. Overall, the volume of industrial production in Germany in October 2023 was 3.5% lower than in October 2022, which indicates the difficulties faced by the industrial sector of this country.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
