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10 Mar 2025
German Industrial Production rebounds 2% MoM in January vs. 1.5% expected
Germany’s industrial sector witnessed an impressive upturn in January, according to the latest data published by Destatis on Monday.
In the Eurozone’s economic powerhouse, Industrial Output jumped 2% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, against the anticipated 1.5% advance and a 2.4% decline in December.
German Industrial Production dropped 1.6% year-over-year (YoY) in January versus December’s -2.2% revision.
Separately, Germany’s Trade Balance for January came in at EUR16 billion versus EUR21 billion expected and EUR20.7 billion previous.