In April 2020, industrial production in Germany fell in comparison with March was 17.9%, according to the Ministry of economy and labour of Germany. This is the maximum rate of decline since the beginning of the settlement in 1991.
According to revised data, in March the figure declined by 8.9% and not 9.2% as previously reported.
Analysts on average had expected a fall in industrial production in April by 16.8%, according to data from Trading Economics.
a Sharp decline for the second month in a row due to the restrictions imposed by the pandemic, including a stop of work of the enterprises.
Industrial production excluding energy and construction sector in April fell by 22.1%. Electricity production declined by 7.2%.
In the construction industry saw a decline of 4.1%.
Production of consumer goods decreased by 8.7%, intermediate goods - by 13.8%, capital goods - by 35.3%. The sharp decline in production was recorded in the automotive industry - 74,6%.
the Total volume of industrial production in April compared to the same month last year fell by 25.3%. In March, according to revised data, the index fell by 11.3% in annual terms.
