Germany June productive output rises 2.4% from May

07 August 2013 14:00  [Source: ICIS news]

LONDON (ICIS)--Production from industry, construction, energy and mining in Germany rose 2.4% in June from May, but chemicals and pharmaceuticals output fell, according to data released on Wednesday.

Germany’s economics ministry said that June’s increase in productive output was driven by 1.6% growth in building and construction and 2.2% growth in industrial production.

In May, productive output was down 0.8% from April.

On a two-month sequential comparison – May-June versus March-April – productive output was up 1.3%, with industrial output up 1.3% as well. 

Compared with May-June 2012, productive output was up 0.5% year on year, with industrial output up 1.1% year on year.

In related news, Germany’s central Bank, the Bundesbank, said that its index for output in Germany’s chemicals and pharmaceuticals sector fell to 100.4 in June, from 101.5 in May. The index’s base year is 2010.

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


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index