Germany’s January productive output stays unchanged from December

08 March 2013 14:51  [Source: ICIS news]

LONDON (ICIS)--Production from industry, construction, energy and mining in Germany remained flat in January compared with December, but output in the country’s chemicals and pharmaceuticals sector fell, according to official statistics released on Friday.

The country’s federal statistics agency said that slight declines in industrial and energy production in January were offset by increased output in building and construction.

In December, Germany's overall productive output was up by a revised 0.6% from November.

On a two-month sequential comparison – December-January versus October-November – productive output was up 0.3%. Compared with December-January in the year-ago period, output was down 0.8% year on year.

Meanwhile, Germany’s central bank said that its index for production in Germany’s chemicals and pharmaceuticals industry fell to 98.3 in January, from 101.5 in December. The index’s base year is 2010.

Germany’s industrial orders fell 1.9% in January from December, with orders in the country’s chemicals and pharmaceuticals industry also falling, according to data released earlier this week.

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog

By: Stefan Baumgarten
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