- Prior +0.4%; revised to +0.8%
German factory output declined in July as a drop in production was observed across all main groupings. The production of consumer goods fell by 2.4%, capital goods production by 0.8% and intermediate goods production by 0.6%. The decrease in the consumer goods sector was mainly due to a fall (-3.0%) in non-durable goods production. The German stats office also notes that production is still affected by the extreme shortage of intermediate products.
