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Production in May 2023: -0.2% on the previous month
Production in industry in real terms (price adjusted) was down 0.2% in May 2023 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). Production still saw a 0.3% increase in April 2023 compared with March 2023 after provisional data had been revised (provisional figure also +0.3%). The less volatile three-month on three-month comparison showed that production was 0.2% higher in the period from March to May than in the previous three months. Within industry, the development of production varied greatly between the individual economic ... (full story)