In March industrial production added a seasonally adjusted and working-day calendar 0.7% over the previous month. The reading was below the revised 1.7% expansion observed in February (previously reported: +1.6% month-on-month) but overshot private sector analysts' expectations, which had anticipated industrial output would increase 0.5%. The faster-than-expected expansion was mainly driven by strong growth in construction activity (February: +3.4% mom; March: +6.2% mom). On a year-on-year comparison, industrial production slowed from a 15.2% expansion in February to an 11.2% increase in March. The trend continues to point to a healthy recovery in the industrial sector. Annual average growth in industrial output inched up from 11.6% in February to 11.8% in March, suggesting that industrial production will remain a strong growth driver going forward.
Industrial output moderates
May 6, 2011
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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.