Germany’s industrial production down 0.4% in November

ISTANBUL

Industrial production in Germany was down 0.4% in November on a yearly basis, showed data released Monday by the country’s federal statistical authority.

This came after a 0.2% year-on-year decline in October, the figures from Destatis noted.

On a monthly basis, production was slightly up by 0.2% in November, the agency added.

“Within industry, the production of intermediate goods went up by 1.1% and the production of capital goods by 0.7%,” it said.

The production of consumer goods, meanwhile, fell by 1.5%.