German April industrial output +0.7% vs +1.0% m/m expected

  • Latest data released by Destatis - 8 June 2022
  • Prior -3.9%; revised to -3.7%

Slight delay in the release by the source. The bounce comes after a poor showing in March but misses on estimates, with production of capital goods up by 0.9% and production of intermediate goods up by 0.4%. Meanwhile, production of consumer goods decreased by 1.3%.

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