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German Industrial Production Falls as Car Output Drops Sharply

German industrial production fell by 1.1% in July, with a sharp drop in carmaking outweighing increases in energy and construction, official figures published on Monday showed.

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Sapo

Lean Right

Production of the German Processing Industry Fell by 1.6% in July

The fall recorded in July was mainly due to a 9.2% reduction in the production of the automotive industry. One of the decisive factors for this fall was, according to a statement by the German Automobile Industry Association (VDA), a stoppage of production of several weeks.

1 day ago·Lisboa, Portugal

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Market Business News

Center

German industrial production falls as car output drops sharply

German industrial production fell by 1.1% in July, with a sharp drop in carmaking outweighing increases in energy and construction, official figures published on Monday showed.

19 hours ago

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news-pravda.com

Right

️ Germany - Industrial Production (July):

MoM = -1.1% (expected +0.1% / previously +0.2%)YoY = -1.6% (expected 0% / previously 0%)

1 day ago

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n-tv

Lean Right

Against the Trend: Automotive Industry Shrinks Significantly in Industrial Production in July

The signs in German industry have been green for months. However, the full order books cannot prevent a damper in the summer. This is also extremely clear. This is the reason for the crisis in the car industry in particular.

1 day ago

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