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2024-03-08T07:27:42.327Z
Highlights: 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%.
German industrial production rose 1% in January. The 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% was recorded compared to the previous drop of 3.3%. (HANDLE)
German industrial production rose by 1% in January.
The figure is higher than estimates by 0.5% and compares with the 2% drop in December.
On an annual basis, however, a drop of 5.5% was recorded compared to the previous drop of 3.3%.
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 by 0.1 % and compares with a previous decline of 0.8%.
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