Germany's industrial production down year-on-year in August

Germany's industrial production down year-on-year in August

Industrial production down by 2.7% in August on yearly basis, while it sees monthly increase

By Gokhan Ergocun

ISTANBUL (AA) - Germany's industrial production was down by 2.7% in August on a yearly basis, the federal statistical office Destatis stated on Tuesday.

Production in industry excluding energy and construction also fell by 3.1%, Destatis said.

Production in energy-intensive industrial branches was up 2.2% in August, compared with the same month last year.

On a monthly basis, industrial production in the country saw an increase of 2.9% in August.

In August, production in industry excluding energy and construction was up 3.4% from July, it added.

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