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Germany: Industrial production likely to gain 0.5% in February – TDS

Analysts at TD Securities are in line with the market consensus for the German industrial production for February, and are anticipating a gain of 0.5% m/m in February.

Key Quotes

“Risks around our forecast are large, however. On the upside, the unwind of temporary factors, and a disconnect between underlying indicators and headline data, suggests upside risks, while Thursday’s manufacturing orders data suggests the figure could be as weak as -0.8%.”

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