In April 2020, production in industry was down by 17.9% on the previous month on a price, seasonally and calendar adjusted basis, according to provisional data of the Federal Statistical Office (Destatis).

The calendar adjusted year-on-year decrease was as much as 25.3%. This is the largest decline since the beginning of the time series in January 1991.

74.6 % decline in the automotive industry

In April 2020, production in industry excluding energy and construction was down by 22.1%. Within industry, the production of intermediate goods decreased by 13.8% and the production of consumer goods by 8.7%. The production of capital goods showed a decrease by 35.3%. A sharp drop was recorded by the automotive industry (-74.6%). Outside industry, energy production was down by 7.2% in March 2020 and the production in construction decreased by 4.1%.

In March 2020, the corrected figure shows the production in industry a decrease of 8.9% from (primary -9.2%) from February 2020. (ILKHA)