TBO.com: Tampa Bay Online, The Tampa Tribune and The Tampa Times - breaking news and weather.
  • Home
Oct 7, 3:33 AM EDT

German industrial production falls in August

Latest Business News
German industrial production falls in August

Express Scripts to cover pricey new cholesterol treatments

Panel overrules judge's tossing of mine violation notice

Wal-Mart expands protein bars to main grocery aisles

Business Highlights

A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
German industrial production falls in August

NY comptroller: Wall Street profits hit $11.3B in 6 months

IMF downgrades forecast for world, emerging market economies

US services growth slows in September as orders plunge

World Bank trims East Asia growth forecasts

Job growth in retail and professional services accelerates

Jobless rates fall for high school grads and black Americans

An ailing global economy starts to weigh on US job market

Apart from low unemployment, just how healthy is job market?

US manufacturing barely expands as global economy slows

Buy AP Photo Reprints
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Berlin Wall: 20 Years Later

BERLIN (AP) -- Official data show that German industrial production fell in August following an increase the previous month, a report that comes on top of disappointing figures for factory orders.

The Economy Ministry said Wednesday that production was 1.2 percent lower in August than the previous month. That followed a rise by the same amount in July, which was revised upward from an initial reading of 0.7 percent.

The decline was led by a 2.1 percent drop in production of investment goods such as machinery. The Economy Ministry said that an "unfavorable configuration" of vacation time contributed significantly to the fall.

On Tuesday, Germany reported a 1.8 percent drop in factory orders in August, the second consecutive decline.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.