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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)
GERMANY MAY IP +0.2% M/M, -1.5% Y/Y; APR -2.5%r Y/Y
- German industrial production saw softer growth than anticipated in May at +0.2% m/m, down from a substantially upwardly revised +1.3% m/m in April.
- Compared to 2021, IP contracted by -1.5% y/y, a smaller decline than April's -2.5% y/y.
- Capital goods accounted for the bulk of positive growth, expanding by 2.2% m/m, whilst substantial downwards pressure came from contractions in consumer goods (-0.9% m/m) and intermediate goods (-0.4% m/m).
- Supply chain disruptions and shortages continued to hamper May's industrial growth, due to both the Ukraine war and Chinese lockdowns. A total 77.2% of industrial firms highlighted supply chain issues and raw material shortages as negatively impacting their production capacities.
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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