Statistics - Production in industry shrinks
Industry in North Rhine-Westphalia produced less in October than a year earlier. According to preliminary results, seasonally adjusted production fell by 2.8% compared to October 2022, the state statistics office IT.NRW announced on Tuesday.
According to the report, there were sharp declines in clothing production (down 17.1 percent) and in the manufacture of printed matter and the reproduction of sound, image and data carriers (down 20.6 percent). Production in energy-intensive industries fell by 2.6 percent. Coking plants and mineral oil processing recorded a drop of 14.2%. In contrast, more pharmaceutical products (up 23.8%) and beverages (up 9.6%) were produced in NRW compared to the same month last year.
Press release
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The decrease in industry production in North Rhine-Westphalia could potentially impact various statistics related to the region's economy. Düsseldorf, being a major city in NRW, might also see changes in its industrial sector due to these statistics. The manufacturing sectors that experienced significant drops, such as clothing and printed matter production, might need to reevaluate their strategies to stay competitive in the industry.
Source: www.stern.de
