German March industrial output down adj 0.4% mth/mth
Feb industrial output up adj 1.7% mth/mth revised (Il Sole 24 Ore Radiocor) - Berlin, 08 May - In March, German industrial output fell 0.4% on the previous month in real terms on a seasonally and calendar adjusted basis and dropped 3.3% year on year on a calendar adjusted basis, according to the statistics office Destatis.
In February, industrial production rose 1.7% on the previous month and fell 5.3% year on year. The previous estimate was that industrial output grew 2.1% month on month in February.
The less volatile three-month on three-month comparison showed that production was 1.0% higher in the period from January to March, Destatis added.
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(RADIOCOR) 08-05-24 08:29:19 (0168) 5 NNNN