China News Agency, Berlin, February 7 (Reporter Ma Xiuxiu) According to the data released by the German Federal Statistical Office on the 7th, adjusted for seasons and working days, Germany's actual industrial output (price-adjusted) in December 2022 fell by 3.1% month-on-month.
Germany's industrial output in 2022 will be 0.6% lower than in 2021 and 5.0% lower than in 2019 before the new crown epidemic.
The data shows that in December 2022, Germany's energy industry output fell by 2.3% month-on-month, and construction industry output fell by 8.0% month-on-month; if the energy industry and construction industry are excluded, industrial output fell by 2.1% month-on-month.
In the industrial sector, Germany's output of consumer goods in December 2022 increased by 0.3% month-on-month, output of capital goods was flat, and output of intermediate goods fell by 5.8% month-on-month.
Affected by high energy prices, the output of energy-intensive industries in Germany fell by 6.1% in December 2022 from the previous month.
With few exceptions, industry output continues to decline in 2022.
Niels Jansen, a researcher at the Kiel Institute for World Economics in Germany, pointed out that "huge supply bottlenecks" and the energy crisis over the past year have caused output declines in energy-intensive industries.
The German Federal Ministry of Economics and Climate Protection said that a slowdown in Germany's industrial economy in December 2022 was expected.
However, the more optimistic business outlook in the near future, the reduction of bottlenecks in the supply of materials and the large number of orders indicate that the slowdown of the German economy may be relatively moderate.
According to data recently released by the Federal Statistical Office, German industrial orders in December 2022 rose by 3.2% month-on-month due to improved demand from Germany and the euro zone.