Press release No. 076 of 22 February 2021
WIESBADEN - Production in the German industry declined by slightly more than one tenth in 2020 year on year. Based on provisional data, the Federal Statistical Office (Destatis) reports that production in industry excluding energy and construction was down by 10.8% in price and calendar adjusted terms in 2020 compared with 2019. In the course of the year, industrial production saw a significant year-on-year decline during the first phase of restrictions imposed due to the corona crisis in April and May 2020 (-29.7% and -23.4%, respectively). In December 2020, however, industrial production was only 1.5% lower than in the same month a year earlier. The turnover of mining and manufacturing enterprises in 2020 was down by 10.1% on a price and calendar adjusted basis compared with the previous year. While domestic turnover declined by 8.3%, non-domestic turnover decreased by 11.9%.
