German industrial output declines in August

October 7, 2022 2:13 AM UTC

FILE PHOTO: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo

BERLIN (Reuters) - 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%.

(Reporting by Matthias Williams and Paul Carrel)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Industrial Production