9 March 2006, 14:58  Germany: January, Industrial output down 0.1 pct vs Dec

Industrial output fell a seasonally adjusted 0.1 pct in January from December, according to preliminary data from the Economy and Technology Ministry. Economists polled by AFX News had forecast a month-on-month rise of 1.0 pct. The nearly unchanged industrial output came from a rise in manufacturing output offsetting a decline in the construction and energy sectors, the ministry said. Manufacturing output rose 1.3 pct, boosted by a 2.2 pct rise in the production of investment goods. Output in the construction industry and energy sectors fell 7.3 pct and 8.3 pct respectively. Final figures show industrial output rose 0.7 pct month-on-month in December, against preliminary figures published last month showing a 0.5 pct decline. The sharp revision came on the back of upward revisions in the industrial sector, up 0.1 pct from previously down 0.8 pct, and in the energy sector, up 3.7 pct against preliminary figures showing a 1.4 pct rise.

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