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German industrial production slows

  • German industrial output rose 0.4% on month in February, slowing from +0.7% in January but beating consensus of +0.3%.
  • On year, production growth decelerated slightly to 4.8% from 4.9% but also topped forecasts of 4.7%.
  • The figures follow data that showed a monthly acceleration in factory orders.
  • The DAX is -1.3%. (PR)
  • ETFs: EWG, BUND, EWGS, DBGR, GERJ, DXGE, BUNL, FGM, BUNT, GGOV, HEWG
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