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Germany in December 2011 the industrial output value of the chain-than-expected drop of 2.9%

Release Date:2012-05-05  Hits:153
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The data show that in December last year, in various industries showed a decline in different ranges: the construction industry fell by 6.4%, manufacturing output fell by 2.7%, including steel, cement and other means of production output value decline of 3.6 %.


The data show that the German Ministry of Economic Affairs announced the same day last December, the ring of German industrial output value decreased 2.9 percent, fell more than expected.



Beginning of the year 2012, a series of key economic indicators show that the German economy will continue to maintain the dynamic growth.



November last year, German industrial production stagnated in the fourth quarter of last year, German industrial output is lower than the 1.9%. However, the Ministry of Economic Affairs that predicted the German economy recession too early. At present, the German industrial new orders remained stable, investment and consumer confidence index showed a rising trend.



German Ministry of Economic Affairs said in a statement issued the same day in December last year, industrial orders have fallen sharply situation has improved World Steel Pipe News , showing a rebound situation. The month total amount of industrial orders grew by 1 World Steel Pipe News .7% from outside the euro area 17 countries, overseas orders up 12.3%.

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