Latest data released by Destatis - 9 March 2018

  • Prior m/m -0.6%; revised to -0.5%
  • Industrial production WDA y/y +5.5% vs +6.0% expected
  • Prior y/y +6.5%; revised to +6.2%

A little miss from estimates, but the y/y figure remains relatively elevated - but again will beg the question has the economy peaked last year already?

A minor data point, but if the trend persists, will start to weigh on the euro and market sentiment.