GERMANY DATA: Germany May real sa industrial output +1.2% m/m
— May industrial output m/m above MNI median forecast (+0.7%)
— Apr industrial output revised to -0.8% m/m (-0.6%)
— Apr+May avg industrial output +1.1% vs 1q avg, 1q +2.7% q/q
— May real sa manufacturing output +1.2% m/m
— Apr manufacturing output revised to -0.3% m/m (-0.6%)
— Apr+May avg manufacturing output +1.7% vs 1q avg, 1q +2.4% q/q
— May industrial output 3mma (Mar-May:Feb-Apr) +0.5%
— May basic goods output +0.7% m/m, apr +0.3% (+0.1%)
— May capital goods output +2.5% m/m, apr -1.1% (-1.5%)
— May consumer durables +0.5% m/m, apr -0.6% (-0.8%)
— May consumer non-durables unch m/m, apr +0.5% (unch)
— May energy goods output +0.1% m/m, apr -4.5% (+3.7%)
— May construction output +1.1% m/m, apr -5.0% (-5.7%)