• German industrial production rose more than expected due to higher production of capital goods

Market news

7 April 2017

German industrial production rose more than expected due to higher production of capital goods

In February 2017, production in industry was up by 2.2% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In January 2017, the corrected figure shows an increase of 2.2% (primary + 2.8%) from December 2016.

In February 2017, production in industry excluding energy and construction was up by 0.9%. Within industry, the production of capital goods increased by 1.1% and the production of consumer goods by 1.4%. The production of intermediate goods showed an increase by 0.4%. Energy production was up by 0.6% in February 2017 and the production in construction increased by 13.6%

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