Industrial production in Germany in April fell 17.9 percent from a month earlier and by more than 25 percent year-on-year, data from the German statistical office released on Monday, showing how much tax the corona crisis has taken on German industry.
The decline in industrial production is greater than expected - economists predicted a monthly decline of 16.5 percent.
Compared to the same month last year, on the other hand, the industrial production of the largest European economy decreased by 25.3 percent.
For comparison, in March, according to the revised data, industrial production decreased by only 8.9 percent on a monthly basis. It fell 9.2 percent in February, Destatis data show.
In April, harsh restraint measures were in place for a whole month, introduced to combat the epidemic coronavirus, which halted production and disrupted supply chains.
The automotive sector, among the key engines of the German economy, fell sharply by as much as 74.6 percent in April.
The coronavirus pandemic shook the export-oriented economy, which was already facing difficulties at the beginning of this year, and it fell into a technical recession in the first quarter of 2020, reminds the Dpa news agency.
And the full force of the corona crisis is expected to hit Europe's largest economy in the second quarter.
According to German government estimates, gross domestic product (GDP) is expected to shrink by 6.3 percent this year, the worst annual recession in the country's history since World War II.
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