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- Increases in German industrial productin fairly broadly-based - TDS
Increases in German industrial productin fairly broadly-based - TDS
Analysts at TD Securities say that the German IP rose 0.5% mom in March, confirming their expectations of a gain against the consensus of a 0.5% mom drop.
- March's gain marks the third increase for IP in the past four months, though it puts 19Q1 IP growth at just 0.5%, leaving a ways to go before a full recovery to its 2018H1 levels. Increases in March IP were fairly broadly-based, with mining/quarrying the only sector to see a decline.
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