Production in February 2021: -1.6% on the previous month

Production in February 2021: -1.6% on the previous month

From destatis.de

In February 2021, production in industry was down by 1.6% on the previous month on a price, seasonally and calendar adjusted basis according to provisional data of the Federal Statistical Office (Destatis).Compared with February 2020, which was the month before restrictions were imposed due to the corona pandemic in Germany, real production decreased by a calendar adjusted 6.4% in February 2021. In February 2021, production in industry excluding energy and construction was down by 1.8%. Within industry, the production of capital goods showed a decrease of 3.2% and the production of intermediate goods of 1.0%. The ... (full story)

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In February 2021, output plummeted again in the manufacturing industry (−4.6%, after +3.3%) as well as in the whole industry (−4.7%, after +3.2%). Compared to February 2020 (the ...