- Prior -0.7%; revised to -0.2%
The bad data out of Germany continues as industrial output sank more than expected in December last year. On an annual basis, industrial production was down 1.5% as a whole for last year. Looking at the details, the production of intermediate goods fell by 5.2% and the production of consumer goods by 0.9%. Meanwhile, the production of capital goods rose by 1.3%.
