Mumbai, Nov. 6 -- Industrial production in Germany increased by 0.7% in September compared with the previous month, the country's Federal Statistical Office, Destatis, revealed in its report published on Friday. On an annual basis, industrial output advanced 0.4%.
The automotive industry was the main contributor to the monthly increase, as production in this sector surged 17.1% month-over-month. On a monthly basis, capital goods production rose 3%, while the production of consumer goods grew 0.8%, and intermediate goods output was up by 0.1%.
Production in industry, excluding energy and construction, climbed 1.7% in September compared to the month before.
Published by HT Digital Content Services with permission from Capital Market....