German March Industrial Output Plunges Over 9 Percent

Jonathan Custer

6 years ago

In context, not surprising given global economy was shuttered. What matters is the strength of the rebound as economies reopen.

OUCH! German Industrial Production had historic plunge in March. Total industrial output – comprised of output in manufacturing, energy and construction – crashed 9.2% in March from Feb. Industrial output fell 11.6% YoY. pic.twitter.com/8D0ApYmP1p

— Holger Zschaepitz (@Schuldensuehner) May 7, 2020