FLGR - Germany industrial production surged 2% tops estimates in February
2023-04-06 02:23:07 ET
- Industrial production in Germany surged 2% month-over-month in February of 2023, following an upwardly revised 3.7% jump in January and beating market forecasts of a meagre 0.1% gain.
- Production in the the automotive sector, which is the largest one in Germany, increased 7.6% and construction also increased (1.5%).
- Industrial output went up for capital (3.4%), intermediate (1.8%) and consumer goods (1.4%). On the other hand, energy production fell 1.1%.
- ETFs: EWG , DAX , GF , DXGE , HEWG , DBGR , EWGS , FGM , FLGR .
For further details see:
Germany industrial production surged 2%, tops estimates in February