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Production in August 2023:-0.2% on the previous month
Production in industry in real terms (price adjusted) was down 0.2% in August 2023 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that production was 1.9% lower in the period from June to August 2023 than in the previous three months. After revision of the provisional data, production in July 2023 decreased by 0.6% compared with the previous month (provisional figure: -0.8%). Different developments can be observed in the economic sectors of industry. A drop in ... (full story)