GERMANY DATA: Industrial production in Germany rebounded by a
stronger-than-expected 2.9% on the month in October, boosting output
2.7% over the previous quarter and resulting in the annual change
widening to +11.7%, the Economics Ministry reported on Wednesday.
— Germany September ind output revised to -1.0% m/m (-0.8%)
— Germany October ind output +2.7% vs 3q avg, 3q +1.5% q/q, 2q +5.6%
— Germany October real sa manufacturing output +3.2% m/m
— Germany October mfg output +3.2% vs 3q avg, 3q +1.9% q/q, 2q +5.6%
— Germany October ind output 3mma (August-October:July-September) +1.1%
— Germany October basic goods output +2.9% m/m, September -1.8% (-2.0%)
— Germany October capital goods output +4.6% m/m, September unch
— Germany October consumer durables +2.7% m/m, September -4.7% (-5.8%)
— Germany October consumer non-durables +0.4% m/m
— Germany October energy goods output -0.3% m/m
— Germany October construction output +1.3% m/m
— For more information, see MNI’s MainWire