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Germany, industry beyond expectations: production +1,6% in January

The driving forces behind German industries are above all the construction and manufacturing sectors.

Germany, industry beyond expectations: production +1,6% in January

THEGerman industry keep grinding in January grows beyond expectations. Compared to the previous month, production registered a 1,6% increase, well above the expectations of analysts, who had foreseen a +1%. It is above all the sector that drives Germany's industries construction and manufacturing.

The December figure underwent a slight upward revision, remaining in any case down by 2,6%. "The weak orders suggest an initial period of cooling in production - reads the press release from the German Economy Ministry -. However, the forward-looking indicators point in the direction of a gradual overcoming of this phase of weakness".

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