- Prior -0.2%; revised to +0.3%
- Industrial production WDA -4.1% y/y
- Prior -2.4%; revised to -2.2%
German industrial output slumped on the month, led by declines in energy production (-0.7%) and construction (-7.3%) mostly. Adding to that, production of consumer goods were down 0.5% as well and that if offset by increases in capital goods (+2.5%) and intermediate goods (+0.6%).
As a whole, December industrial production was 6.9% lower than February 2020 i.e. pre-pandemic level.
