- Prior +3.5%; revised to +3.7%
German industrial output surprised to the upside in February, with the manufacture of motor vehicles and parts thereof, Germany’s largest industrial sector, accounting for a particularly large share (+7.6%) of the significant increase in total production on the month. Some other details when viewing the industry as a whole:
- Production of capital goods +3.4%
- Production of intermediate goods +1.8%
- Production of consumer goods +1.4%