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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
MNI (London)
FEB INDUSTRIAL PRODUCTION +0.2% M/M, +3.2% Y/Y; JAN +1.4%r M/M
- German IP was as forecasted at +0.2% m/m in February (+1.4% in Jan), with year-on-year growth somewhat below consensus at +3.2% y/y (vs +3.7% expected).
- Consumer goods production rose 4.4% and intermediate goods rose 0.5%, whilst capital goods saw a decline of 2.0%. Energy goods production rose a substantial 4.9% m/m.
- Compared to pre-pandemic February 2020, this year's print remained 3.8% weaker, due to input shortages which continue to hamper production.
- January's print saw substantial downwards revisions of 1.3pp on the month and 0.7pp on the year.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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