- Analytics
- News and Tools
- Market News
- German industrial production rises more than expected in February
German industrial production rises more than expected in February
Industrial
production increased a seasonally adjusted 0.5 percent month-on-month in February,
reversing the 0.6 percent decrease seen in January, which was revised down from
flat. Production was forecast to grow by 0.3 percent.
Driving the
overall growth capital goods production rose 2.4 percent sequentially. Production
of intermediate goods moved up 0.3 percent, while output of consumer goods
decreased by 2.5 percent.
Year-on-year,
industrial production decreased a working-day adjusted 1.8 percent in February,
slower than the revised 2.6 percent decrease seen in January. Economists had
forecast output to fall by 0.9 percent, following the previous month's
originally reported 1.3 percent decrease.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
