• Prior +3.5%; revised to +3.7%

German industrial output surprised to the upside in February, with the manufacture of motor vehicles and parts thereof, Germany’s largest industrial sector, accounting for a particularly large share (+7.6%) of the significant increase in total production on the month. Some other details when viewing the industry as a whole:

  • Production of capital goods +3.4%
  • Production of intermediate goods +1.8%
  • Production of consumer goods +1.4%