Germany industrial production Oct mm SA +0.3% vs +0.8% exp

Germany October industrial production 7 Dec

• -1.6% prev revised up from -1.8%
• yy WDA +1.2% vs +1.6% exp vs +1.3% prev revised up from +1.2%

Disappointing data despite the upward revisions.

Ministry say improved industrial orders have yet to result in stronger production. Brighter sentiment indicators point to a revival in industry in coming months.

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