Latest data released by Destatis - 7 February 2019
- Prior -1.9%; revised to -1.3%
- Industrial production WDA -3.9% vs -3.4% y/y expected
- Prior -4.7%; revised to -4.0%
Slight delay in the release by the source. Yet again, another miss on factory-related German data and this just confirms the weakness seen in that sector of the economy in Q4 last year. Of note, this is the fourth consecutive month of decline for German industrial production. Ouch.
