German Industrial Production Jumps 4% in July

Sept. 7, 2011
Manufacturing up 4.5%

Driven by increased demand in most sectors, German industrial output rose by 4%, provisional figures showed on Sept. 7.

In June, output had declined by 1% month-on-month.

The late timing of the summer holidays in many regional states had a positive effect on the data, the Economy Ministry said.

Output in the manufacturing sector expanded by 4.5% in July and by 3.2% in the construction sector. Energy sector production, on the other hand, was down by 1%.

Taking June and July combined to help iron out short-term fluctuations, output rose by 1.5% compared with the preceding two months.

The ministry said that overall industrial production "remains on a growth path," even if the latest data were distorted by the late timing of the holidays.

"Despite increased risks, the outlook for output remains positive," the statement said.

Copyright Agence France-Presse, 2011

Popular Sponsored Recommendations

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Risk-Based Asset Management (RBAM): Accounting for Risk in Your Asset Management Strategy

Sept. 14, 2023
What if you could get more out of assets, reduce the risk of critical failures AND keep all your stakeholders happy? It’s called risk-based asset management, or RBAM, and it’ll...

What Is Your Smart Factory IQ?

Sept. 24, 2023
It’s time to put Smart, data-driven manufacturing operations to the test. In this comprehensive whitepaper we show you how to determine the Artificial Intelligence Quotient (AIQ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!