DeStatis – Germany: Production in August 2023: -2% year on year

Germany’s economy continues to decline.

Production in industry
August 2023 (in real terms, provisional):
-0.2% on the previous month (seasonally and calendar adjusted)
-2.0% on the same month a year earlier (calendar adjusted)

July 2023 (in real terms, revised):
-0.6% on the previous month (seasonally and calendar adjusted)
-1.7% on the same month a year earlier (calendar adjusted)

Read HERE

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