Germany's productive output falls 1.8% in September from August
07 November 2012 14:08 [Source: ICIS news]
LONDON (ICIS)--?xml:namespace>Germany’s productive output fell 1.8% in September from August, led by a 2.3% decline in industrial production, the country’s economics ministry said on Wednesday.
September’s decline in productive output came after a revised 0.4% decrease in August from July.
Industrial orders fell 3.3% in September from August, led by a 9.6% drop in orders from eurozone countries. In August, orders declined by a revised 0.8% from July.
In a related release, Germany’s central bank said on Wednesday that its monthly index for production in Germany’s chemicals and pharmaceuticals industry fell to 106.3 in September, from 107.7 in August. The index’s base is 100 for the year 2005.
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy BlogBy: Stefan Baumgarten+1 713 525 2653
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