Details of Germany's industrial output data mixed - TDS

Market news

5 April 2019

Details of Germany's industrial output data mixed - TDS

Analysts at TD Securities note that Germany's industrial production rose 0.7 percent m/m in February, better than forecast, but details were mixed.

"Manufacturing fell 0.2% m/m, while construction surged 6.8%. Most other components registered declines on the month. German IP has been dragged lower in recent months by slowing demand from Asia (trade war, Chinese New Year) and slower growth in Turkey.”

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