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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