German industrial output grows more than expected in September

German industrial output grows more than expected in September
German industrial output grows more than expected in September Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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BERLIN - 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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