8 January 2001, 14:01 GERMAN DATA: real sa industrial production rose 0.4% m/m in November
GERMAN DATA: real sa industrial production rose 0.4% m/m in November for
a gain of 4.9% y/y, exactly in line with the median of expectations in a
Market News survey. This compares to the newly revised seasonally
adjusted monthly decline of 0.1% in October (+4.0% y/y). The November
gain was mainly due to a surge in mining sector production, +17.3% m/m,
and an increase in construction output, up 4.6% m/m. Manufacturing
sector production was down 0.2% m/m. Capital, durable and consumer goods
production declined, only intermediate goods production rose, up 0.2%
m/m.
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