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

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