December 2013 German Industrial output -0.6% vs 0.5% exp m/m

• Prior 1.9% revised to 2.4%
• 2.6% vs 3.6% y/y. Prior 3.5%. Revised to 3.8%
• Consumer goods +0.9% vs 1.3% prior (durables +0.1% vs +1.9% prior. non dur +1.1% vs +1.2% prior)
• Capital goods -2.5% vs +5.1% in Nov
• Energy -2.6% vs -1.0% prior
• Construction +0.5% vs +0.3% in Nov

German economic ministry says;

• Production outlook still positive
• Sees lively order intake and confidence
• Industrial production rose in Q4 2013