In January, industrial production expanded a seasonally adjusted 1.6% over the previous month, which contrasted the revised 2.6% contraction observed in December (previously reported: -2.9% month-on-month) and overshot market expectations of a 1.1% rise. The stronger-than-expected print reflected improvements in manufacturing, energy supply, and, particularly in construction activity, despite the harsh winter conditions at the beginning of the year. Compared to the same month last year, industrial output accelerated from a working-day adjusted 1.3% increase in December to a 1.8% expansion in January. Despite the January improvement, however, the trend continues to deteriorate, with annual average growth falling from 7.9% in December to 7.1% in January.
Industrial production rebounds in January
March 8, 2012
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Germany Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) rose from 52.8 in September to 55.1 in October.
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.