9 May 2006, 14:35  German March industrial output down 2.4 pct as construction output declines

Industrial output fell a seasonally adjusted 2.4 pct in March from February partly due to a strong decline in the output of the construction industry, according to preliminary data from the Economy and Technology Ministry. Economists polled by AFX News had forecast a month-on-month rise of 0.5 pct. Manufacturing output fell 1.4 pct while output in the construction industry and energy sectors fell 14.5 pct and 5.3 pct respectively. Final figures show industrial output rose 1.0 pct month-on-month in February, unchanged from preliminary figures.

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