Germany September industrial production +0.2% vs 0.0% m/m expected

Author: Justin Low | Category: News

Latest data released by Destatis - 7 November 2018

  • Prior -0.3%; revised to +0.1%
  • Industrial production WDA +0.8% vs +0.5% y/y expected
  • Prior -0.1%
Slight delay in the release by the source. Decent beats on the readings here and that will at least provide some relief ahead of Q4 hard data to be released. As mentioned in the data docket preview, it's not a major release as this pertains to Q3 data so it is a bit lagging.

EUR/USD now sits at 1.1438 off around 10-15 pips from an hour ago. EUR/GBP sits near flat levels on the day at 0.8720. EUR/JPY is a little lower still at 129.50 currently.

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