BERLIN (Reuters) – German industrial production fell more than expected in March, due partly to weak performance in the automotive sector.
Production decreased by 3.4% on the previous month, the federal statistical office said on Monday.
In a Reuters poll, analysts had pointed to a 1.3% fall.
The statistics office also revised its figure for Februaryto a 2.1% increase, up from 2.0%.
In the first quarter, production was 2.5% higher than in the last quarter of 2022, according to the statistics office.
The office offers more detailed data on its website.
(Reporting by Rachel More and Maria Martinez; editing by Bartosz Dabrowski)