German Industrial Output Increases | Business| Economy and finance news from a German perspective | DW | 16.08.2004
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German Industrial Output Increases

The German industry and mining output increased in June with fewer workers than June 2003, the Federal Statistics Office announced Monday. Total output went up to €125.4 million ($154.8 million), an increase of 14.9 percent. Production for export increased a massive 23.6 percent while the domestic output growth came in at 9.5 percent. Hours worked in June also increased 5.3 percent to a total of 785.9 despite the fact that the branch employed 120,800, or about 2 percent, fewer people than June last year.