German Ministry of Economic Affairs announced on the day the data show that in December last year, the ring of German industrial output value decreased 2.9 percent, fell more than expected.
data show that in December last year, in various industries showed a decline in different ranges: the construction industry fell by 6.4%, manufacturing output fell 2.7%, including steel, cement production the output value has fallen by 3.6%.
In November last year, German industrial production began to stagnant 1.9% decline in the fourth quarter of last year, German industrial output value chain. However, the Ministry of Economic Affairs that predicted the German economy recession too early. At present, the German industrial new orders remained stable, investment and consumer confidence index showed a rising trend.
the German Ministry of Economic Affairs said in a statement issued the same day in December last year, industrial orders have fallen sharply situation has improved, showing a rebound situation. The month total amount of industrial orders grew by 1.7% from outside the euro area 17 countries, overseas orders up 12.3%.
beginning of the year 2012, a series of key economic indicators show that the German economy will continue to maintain the dynamic growth.
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