Forex
globalreutersJanuary 9, 20251 Mins read
Germany November industrial production +1.5% vs +0.5% m/m expected
globalreutersJanuary 9, 20251 Mins read - Prior -1.0%; revised to -0.4%
That’s a positive rebound after the fall in output in October, with production of capital goods seen up 1.4%, consumer goods up 0.9%, and intermediate goods up 0.5% on the month. Even for energy-intensive industries, production there was seen up by 1.5% on the month. But compared to the same month last year, overall production is still seen down by 2.8%.
This article was written by Justin Low at www.forexlive.com.
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