2.4% Drop in German Production in Third Quarter of 2021
September was not a good month for German production, which unexpectedly fell despite forecasts of growth. According to the Federal Statistics Office industrial output dropped by 1.1% in September after experiencing a 3.5% rise during August. This is notable because experts such as Reuters had predicted that output levels would rise by 1% in the autumn. Production in the manufacturing sector in Germany experienced an overall drop of 2.4% in the third quarter of the year and was down 9.5%...
View full press release