Global Economy

German industrial output falls

Industrial production in Germany slid in December, official data showed Tuesday, clouding an otherwise bright picture painted by economic indicators in Europe's largest economy.

The monthly survey showed production down by 3.0 percent in the final month of 2016, federal statistics office Destatis reported.

Almost every area surveyed by Destatis showed production falling in December, with industry down 3.4 percent, construction down 1.7 percent and energy down 0.9 percent.

Among industrial firms, capital goods makers suffered the worst fall, at 5.4 percent, while consumer goods producers dropped by 3.1 percent.

December's fall cancels out two preceding months of modest gains, as October and November both saw production add 0.5 percent. 

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German industrial output falls

Industrial production in Germany slid in December, official data showed Tuesday, clouding an otherwise bright picture painted by economic indicators in Europe's largest economy.

The monthly survey showed production down by 3.0 percent in the final month of 2016, federal statistics office Destatis reported.

Almost every area surveyed by Destatis showed production falling in December, with industry down 3.4 percent, construction down 1.7 percent and energy down 0.9 percent.

Among industrial firms, capital goods makers suffered the worst fall, at 5.4 percent, while consumer goods producers dropped by 3.1 percent.

December's fall cancels out two preceding months of modest gains, as October and November both saw production add 0.5 percent. 

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সংস্কার না করে কোনো নির্বাচনে ভালো ফল পাওয়া যাবে না: তোফায়েল আহমেদ

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