Latest data released by Destatis - 7 May 2020
- Prior +0.3%
- Industrial production WDA -11.6% vs -8.9% y/y expected
- Prior -1.2%
Slight delay in the release by the source. Industrial output saw an extremely sharp drop amid the reduction in factory activity due to lockdown measures. April is expected to be much worse so brace yourselves for another ugly reading next month.
