Thursday, 28 March, 2024, 9:23 PM
Advance Search
Home

German industrial output continues to decline

Published : Sunday, 11 April, 2021 at 12:00 AM  Count : 512

FRANKFURT, April 10: German industrial production dropped for the second month in a row in February after eight months of gains, as the economic impact of the pandemic began to bite, official data showed Friday.
Analysts said the data raised fresh doubts about the health of Europe's top economy after it recovered strongly from the coronavirus-triggered downturn of early last year.
Federal statistics agency Destatis said industrial output declined 1.6 per cent in February after a 2.0 per cent fall the previous month according to corrected data. Analysts polled by Factset and Bloomberg had been counting on an increase of 1.5 per cent. Exports crept up by 0.9 per cent month-on-month while imports rose 3.6 per cent.     -AFP






Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
  [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft