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German Industrial Production MoM (Feb) M/M -0.3% vs. Exp. 0.9% (Prev. -0.5%)

The February German Industrial Production data showed a notable decline of -0.3% month-on-month, missing expectations significantly.

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German Industrial Production MoM (Feb) M/M -0.3% vs. Exp. 0.9% (Prev. -0.5%)

Newsquawk Daily European Equity Opening News - 9th April 2026

Newsquawk Daily European Opening News - 9th April 2026

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Destatis:

  • The less volatile three-month on three-month comparison showed that production was 0.4% lower in the period from December 2025 to February 2026 than in the previous three months.
  • The month-on-month decrease in February 2026 is due to the drop in output registered in the construction industry (-1.2%), in the manufacture of computer, electronic and optical products (-3.9%) and in the pharmaceutical industry (-4.4%). By contrast, production growth in the automotive industry (+1.7%) had a positive impact on the result.
Context

This drop, particularly driven by decreases in construction and manufacturing sectors, suggests potential headwinds for the EU growth outlook, which could influence forthcoming policy discussions and rate expectations.

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