Economic Indicators

German industrial output grows more than expected in September


FILE PHOTO: A general view of the BASF chemical industry company in Schwarzheide, Germany, November 1, 2022. REUTERS/Lisi Niesner/Pool

BERLIN (Reuters) — German industrial production grew in September, official data showed on Monday, despite a fall in the energy-intensive industrial branches and ongoing delivery bottlenecks.

Industrial output was up 0.6% on the previous month, the Federal Statistical Office said. In a Reuters poll, analysts had pointed to a 0.2% increase.

By contrast, production in energy-intensive industrial branches fell by 0.9% in September, the office said.

For August, the office revised its figure to -1.2% from a previous -0.8%.

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