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ECONOMY

German industrial production increases in April

ISTANBUL

Germany’s industrial production grew by 0.4% in April compared to the previous month, the Federal Statistical Office (Destatis) announced on Tuesday.

The construction industry recorded a significant monthly production increase of 2.4% in April.

The chemical industry and the manufacture of fabricated metal products also contributed positively, climbing by 2.1% and 1.6% respectively.

The automotive sector experienced a decline as production fell by 4.7% during the same month.

Production in energy-intensive industrial branches increased by 1% in April compared to March.

Outside of industry, energy production went up by 0.2%.

Industrial output dropped by 0.5% on an annual basis

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