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German Industrial Production Surprises To The Upside

January 9, 2020 by Jonathan Custer

German industrial production increased beat expectations in November, after being in negative territory in the two previous months. Total industrial output — comprised of output in manufacturing, energy and construction — rose 1.1% in November from October, in calendar-adjusted terms. Economists expected a 0.7% increase in November. Construction output increased 2.6% in November on month, …

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CES 2020

January 9, 2020 by Jonathan Custer
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German Manufacturing New Orders Fall In November, Domestic Orders Up

January 8, 2020 by Jonathan Custer

WIESBADEN – Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in November 2019 a seasonally and calendar adjusted 1.3% on the previous month. For October 2019, revision of the preliminary outcome resulted in an increase of 0.2% compared with September 2019 (provisional: -0.4%). This revision was caused by …

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