Industrial Production in Germany Decreased By 2.4% MoM in July 2024

06 September 2024

Production in industry in real terms (price adjusted) was down 2.4% in July 2024 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that production was 2.7% lower in the period from May 2024 to July 2024 than in the previous three months. Compared with July 2023, production was down 5.3% in July 2024 after adjustment for calendar effects.

Source: Destatis
Post by: Republic of Türkiye Ministry of Trade