9 October 2001, 14:00  German Aug industrial output up 2.0 pct vs July

BERLIN (AFX) - German industrial output rose a seasonally adjusted 2.0 pct in August from July, and fell 1.3 pct when adjusted only for the number of working days, the finance ministry said. Market consensus was for a rise of 0.2 pct. The ministry said that the figures "could be slightly affected by holiday factors," because of the above-average number of school holiday days in July, when industrial output fell a revised 1.3 pct. August's rise was mostly due to the seasonally adjusted 2.4 pct increase in manufacturing output in August from July, although construction output also rose 0.9 pct, it said. On a two-monthly comparison, industrial output fell a seasonally adjusted 0.4 pct in July and August from May and June, and fell 2.3 pct when adjusted only for the number of working days, it said. Manufacturing output fell 0.3 pct in August from July, while construction output fell 0.1 pct. In west Germany, industrial output rose a seasonally adjusted 1.7 pct in August from July, and fell 1.6 pct when adjusted only for the number of working days, it said. On a two-monthly comparison, industrial output fell a seasonally adjusted 0.4 pct in July and August from May and June, and fell 2.4 pct when adjusted only for the number of working days, it said. In east Germany, industrial output rose a seasonally adjusted 4.7 pct in August from July, and rose 1.6 pct when adjusted for the number of working days, it said. On a two-monthly comparison, industrial output rose a seasonally adjusted 0.2 pct in July and August from May and June, and fell 1.0 pct when adjusted only for the number of working days, it said.

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