Latest data released by Destatis - 5 November 2021
- Prior -4.0%; revised to -3.5%
- Industrial production WDA -1.0% y/y
- Prior +1.7%; revised to +2.2%
That's a disappointing headline figure as German factory output slumped in September, with supply bottlenecks likely weighing on production. For added context, production in September was 9.5% lower when compared to pre-pandemic levels i.e. February 2020.
