Berlin: Germany's industrial output decreased more than market estimates in September, according to official data released on Thursday. Production in industry dropped 2.5% on a monthly basis in September, shifting from a downwardly revised 2.6% hike in August, German statistical authority Destatis said in a statement. The market forecast for September was a 1% monthly decline. According to Anadolu Agency, the deterioration was mainly led by a significant decline in the automotive industry, with a 7.8% month-on-month decrease in September, following an increase of 15.4% in August. "The significant fluctuations observed in the automotive industry had a serious impact on the overall development of production in the past months," the statement read. The chemical industry's production also dropped by 4.3%, which weighed on overall performance in September. By contrast, production in the manufacture of machinery and equipment rose by 1.7% during the same period. On an annual basis, Germany's industrial production shrank 4.6% in September, falling faster from a 3% decrease in August.
Recent Post
3 Students Killed, 8 Injured in High School Shooting in Southern Philippines
September 18, 2026
Zelenskyy Unveils Carpathian Eight Initiative to Boost Regional Cooperation
September 18, 2026
Azerbaijan Rejects French Allegations on Judicial System
September 18, 2026