Industrial production exceeds estimates in Germany (+1%) in January. Figure is higher than estimates by 0.5% and compares with the 2% decline in December.
On an annual basis, however, a drop of 5.5%. Producer prices fell by 4.4% on an annual. basis, compared to -6.6% expected and -5.1% in December, while on a monthly basis the increase of 0.2% exceeded estimates by0.1%.