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According to preliminary data from
the Federal Statistical Office (Destatis), industrial production
in March 2023 in Germany was down 3.4% in real terms from the
previous month on a price, seasonally, and calendar adjusted
basis. This reduction follows a 2.1% growth in industrial
production in February 2023 (provisional figure: 2.0%). In the
first quarter of 2023, production was 2.5% higher than in the
fourth quarter of the previous year.
