Production in December 2016: –3.0% seasonally adjusted on the previous month

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Production in December 2016: –3.0% seasonally adjusted on the previous month

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WIESBADEN – In December 2016,production in industry was down by 3.0% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In November 2016, the corrected figure shows an increase of 0.5% (primary +0.4%) from October 2016. 

In December 2016, production in industry excluding energy and construction was down by 3.4%. Within industry, the production of capital goods decreased by 5.4% and the production of consumer goods by 3.1%. The production of intermediate goods showed a decrease by 1.1%. Energy production was down by 0.9% in November 2016 and the production in construction decreased by 1.7%.

The rates of change refer to the production index for the industry (2010 = 100). Seasonal and working day adjustment is done using the Census X-12-ARIMA method.

Basic data and long time series on the production index in industry are also available through the table “Index of production in manufacturing” (42153-0001) in the GENESIS-Online database.

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