Market news
08.10.2019, 12:21

Germany's industrial production data rebounds in August – TD Securities

Analysts at TD Securities note that German industrial production rebounded by 0.3% m/m in August.

“It was better than the contraction consensus was looking for but not as strong of a rebound as the shipments data was suggesting, even with the positive revisions to July. Given the early indicators are pointing to a further mild contraction in the September data, this does not change the picture for the ECB.”

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