The Germany’s industrial production fell 2.5% monthly last January, disappointing the estimated 0.2% rise. The December result was revised upwards, showing a rise of 1.9% compared to the previous 0%. January is the first drop seen by the indicator since last April.
Year-on-year, industrial production fell 3.9% after growing 1% in December (revised up from -1%). This is the biggest drop seen since September.
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