Latest data released by Destatis — 9 March 2018
- Prior m/m -0.6%; revised to -0.5%
- Industrial production WDA y/y +5.5% vs +6.0% expected
- Prior y/y +6.5%; revised to +6.2%
A little miss from estimates, but the y/y figure remains relatively elevated — but again will beg the question has the economy peaked last year already?
A minor data point, but if the trend persists, will start to weigh on the euro and market sentiment.