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German industrial production picks up after several declines


BERLIN (AP) — Official figures show that German industrial production increased in July after three consecutive months of declines that have reflected supply chain problems. The Economy Ministry said Tuesday that overall production increased by 1% compared with the previous month. In June, it had dropped 1%. There were bigger increases in the production of cars and car parts, which was up 1.9%, and machinery, which rose 6.9%. The ministry said that while delivery problems with semiconductors that have weighed on production are likely to continue for a while, the latest figures suggest that the worst may be over.

Article Topic Follows: AP National

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