GERMAN DATA: GERMANY VDMA CUTS 2012 MACHNE OUTPUT GWTH FCAST TO 0% (+4%)
— REAL MACHINE OUTPUT 2011 +12% VS FCAST OF +14%
— GERMANY VDMA: MACHINE OUTPUT FOR 2011 & 2010 COMBINED +22%
— GERMANY VDMA: PRELIMINARY DECEMBER MACHINE OUTPUT -1.9% Y/Y