- Prior 1.4%. Revised to 1.1%
- 0.8% vs 0.9% exp y/y. Prior -0.1%. Revised to +0.1%
- Econ ministry says industrial production is stabilising
- After weakness in summer the dip in industry and construction may have bottomed out
Some good signs despite the softer headline. Consumer goods rose 0.5% from -1.5% prior and construction was up 1.4% from -0.8% in Sep. Energy unsurprisingly a big faller -1.1% vs +2.7% prior and capital goods fell from a 3.4% gain in Sep to -0.4%.
EUR/USD takes a small dip to 1.2278
German industrial production 08 12 2014
