GERMANY DATA: real SA industrial output +1.6% m/m….

GERMANY DATA: real SA industrial output +1.6% m/m
– May industrial output m/m above all forecasts (median -0.1%)
– Apr industrial output revised to -2.1% m/m (-2.2%)
– Apr+May avg industrial output -0.1% vs 1q avg, 1q -0.1% q/q
– May real SA manufacturing output +1.8% m/m
– Apr manufacturing output revised to -2.3% m/m (-2.4%)
– Apr+May avg manufacturing output -0.6% vs 1q avg, 1q +0.0% q/q
– May industrial output 3mma (Mar-May:Feb-Apr) +0.5%
– May basic goods output +1.0% m/m, April -0.3% (-0.4%)
– May capital goods output +1.7% m/m, April -3.7% (-3.6%)
– May consumer durables +2.7% m/m, April -1.6% (-1.6%)
– May consumer non-durables +4.0% m/m, April -3.8% (-4.1%)
– May energy goods output -1.6% m/m, April +2.4% (+2.4%)
– May construction output +3.1% m/m, April -5.5% (-6.0%)
– See MNI MainWire for details