German industry hits brakes | Business - The Times
Thetimes.co.uk - Thu 10 Jan 07:35 GMT

German industry hits brakes | Business - The Times

German industrial production fell sharply in November, according to official data that is likely to fuel anxieties about the country’s economy. Output fell for the third consecutive month in...

  German industrial production fell sharply in November, according to official data that is likely to fuel anxieties about the country’s economy.

  Output fell for the third consecutive month in November, according to Destatis, the German federal statistics office, which recorded a drop of 1.9 per cent.

  Energy production declined by 3.1 per cent and construction products were 1.7 per cent down.

  Industrial production, which excludes energy and construction, fell by 1.8 per cent, as did the production of capital goods.

  The production of intermediate goods, such as component parts, fell by 1 per cent.