Latest data released by Destatis - 9 March 2020

  • Prior -3.5%; revised to -2.2%
  • Industrial production WDA -1.3% vs -3.9% y/y expected
  • Prior -6.8%; revised to -5.3%

A solid rebound on the month to kick start the year but again, this pertains to pre-virus economic data so it hardly matters to the market at this point in time.