8 June 2001, 14:09  German industrial production falls again failing forecasts

--German April industrial production down 0.9% vs March
--German MoF expects Apr industry output to be revised down
--German Apr industrial production up workday-adj 1.3% on year
--W German April industrial production down 1.1% vs March
--W German April manufacturing sector output down 1.6% vs March
--E German April industrial production down 0.1% vs March

Frankfurt, June 8 (BridgeNews) - German industrial production declined again in April for the second month running by a seasonally adjusted 0.9%, the Finance Ministry said Friday, adding that a downward revision of the data can be expected. The rounded two-month comparison shows a "clearly downward production development," it said. The beleaguered construction sector that was blamed for the fall in overall industry output in March did not burden production this time. * * *
In the annual comparison, industry output rose 1.3% in April in workday-adjusted terms.
Western German industrial output fell 1.1% on the month clearly sharper than in eastern Germany, where production declined 0.1% from March. The key western German manufacturing sector output slumped 1.6% from March.
Production in the German construction sector, on the other hand, rose 1.0% in April on the month after a 14.2% drop in March.
In the rounded, 2-month comparison of March-April with January-February, German output was fell 2.9%, affected substantially by slump in construction output by 11.1%.
German manufacturing sector produced 2.4% less in the two-month comparison, with output of capital goods declining the most, by 3.3%, followed by pre-production goods (-2.6%) and durable and non-durable goods (-0.9%).
Western German industrial production declined 2.8% in March-April from January-February, while in eastern Germany output fell 4.3%. Comparing March-April with the same 2 months a year ago and adjusted only for working days, German production was up 1.8% with western German output rising 1.8% and eastern German output increasing 1.5%.
Germany's seasonally adjusted production index measured 113.2 compared with 114.2 in March (1991=100) with western Germany at 112.5 following 113.7 and eastern Germany at 121.0 following 121.1. Western Germany's manufacturing sector index measured 118.4 following 120.3 in March and 122.3 in February. For table of statistics on industrial production, as provided by the Finance Ministry see story .1643.

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