Germany's Industrial Output Shows Strong Growth in January

Friday, 8 March 2024, 07:00

Germany's industrial output for January exceeded expectations, with a 1.0% increase compared to the expected 0.6% rise. The production of capital goods decreased by 2.1%, but this was offset by positive growth in intermediate goods (+4.4%) and consumer goods (+4.0%). The data suggests a mixed performance in key sectors of the German economy, signaling potential challenges and opportunities for investors.
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Germany's Industrial Output Shows Strong Growth in January

Germany January Industrial Output

Prior -1.6%; revised to -2.0%

Looking at the breakdown, the production of capital goods fell by 2.1% but that is offset by a rise in production for intermediate goods (+4.4%) and consumer goods (+4.0%).


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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