Germany November industrial manufacturing +1.5% vs +Zero.5% m/m anticipated

• Prior -1.Zero%; revised to -Zero.four%

That is a constructive rebound after the autumn in output in October, with manufacturing of capital items seen up 1.four%, shopper items up Zero.9%, and intermediate items up Zero.5% on the month. Even for energy-intensive industries, manufacturing there was seen up by 1.5% on the month. However in comparison with the identical month final yr, general manufacturing continues to be seen down by 2.eight%.

This text was written by Justin Low at www.ubaidahsan.com.



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