German Industrial Output Increased in August After July Decline


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This seems to be the current pattern of many stats.

Up a little from the last report, about as expected, but still way down vs last year as the output gap continues neat the wides.


German Industrial Output Increased in August After July Decline

Oct. 8 (Bloomberg) — German industrial output rose in August as domestic stimulus measures and improved global trade lifted demand.

Production rose 1.7 percent from July, when it fell a revised 1.1 percent, the Economy Ministry in Berlin said today.

Economists had forecast an increase of 1.8 percent, according to the median of 36 forecasts in a Bloomberg survey. From a year earlier, production declined 16.8 percent when adjusted for the number of work days.


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