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German industrial production fell late last year

2022-02-07T10:14:28.707Z


Berlin, SANA- Official data showed today that German industrial production declined last December, as...


Berlin-Sana

Official data showed today that German industrial production fell in the month of December, as Europe's largest economy was hit late last year by crises in supply chains.

And the German Federal Statistics Office said, according to what was reported by Reuters, "The country's industrial production fell 0.3 percent on a monthly basis, after an increase of 0.3 percent in an upwardly revised reading for the month of last November."

And it was announced last January that the German economy contracted by about one percent in the last quarter of 2021, as the emergence of the Omicron mutant led to a decline in production and an increase in the inflation rate.

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Source: sena

All business articles on 2022-02-07

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