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Germany: industrial production +3,5% year on year

According to the German Economy Ministry, industrial production in Germany increased by 3,5% year-on-year in November – Compared to October, the activity index shows growth of 1,9%.

Germany: industrial production +3,5% year on year

The thrust of German industrial production regains strength. In fact, on an annual basis, the activity index recorded a 3,5% increase in November, from the revised +1,1% of the previous month.

Compared to the month of October, in which production had recorded a drop of 1,2%, in November the activity index experienced an increase of 1,9% on the previous month, according to data released by the Ministry of economy, which even exceed the estimates of analysts, who expected growth of 1,5%.

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