April 6, 2023
German Industrial Production Accelerates
Industrial production in Germany is accelerating, as evidenced by the latest report by Destatis (Germany’s statistics agency). The survey data indicated that production rose 2.0% m/m, compared to an earlier reading of 3.5% and analysts’ predictions of a 0.1% decline.
German Industrial Production WDA (Y/Y) Feb: 0.6% (est -2.0%; prev -1.6%). Source: Destatis