Germany's Industrial Production Recovers In January

Germany's industrial production rebounded at a faster than expected pace in January, data from Destatis revealed on Monday.

Industrial production grew 3 percent on a monthly basis, reversing a 2.2 percent drop in December. Production was forecast to grow moderately by 1.7 percent.

At the same time, industrial output fell 1.3 percent from last year, but slower than the 5.3 percent decrease logged in December. Economists had forecast an annual decrease of 3.8 percent.

Excluding energy and construction, industrial production was up 2.9 percent. Energy production slid 0.2 percent, while construction output increased 4.7 percent.

Get in Touch

Talk to us today and explore the future with WooHoo AI Ireland

Camden Street Lower, St Kevin's, Dublin 2


Phone. +353 - 214 - 651- 000

© 2018 by WooHoo AI. An Emma & Ariel Production Proudly created and operated by Roche Fintech 634861 / WooHoo AI Ireland / 77 Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |

Code of Practice | Refund Policy | Warranty | Cookie Policy | Sale T&Cs | Privacy Policy | How it Works | FAQ | Customer Notifications