Carsten Brzeski, Chief Economist at ING, notes that Germany’s industrial production increased by 0.2% month-on-month in September, from a slightly upwardly revised 0.1% MoM in August. Key Quotes “On the year, industrial production was up by 0.8%. Growth was mainly driven by stronger production of investment goods. Also, production in the energy and construction sector improved.” “The increase in the construction sector is particularly noteworthy as it is one of the few sectors which seems to have contributed positively to overall GDP growth in the third quarter.” “Stagnation at a very high level. This is the characterisation of Germany’s industrial performance this year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US mid-term election update: Democrats secure the 218 seats needed to gain control of the House of Representatives FX Street 4 years Carsten Brzeski, Chief Economist at ING, notes that Germany's industrial production increased by 0.2% month-on-month in September, from a slightly upwardly revised 0.1% MoM in August. Key Quotes "On the year, industrial production was up by 0.8%. Growth was mainly driven by stronger production of investment goods. Also, production in the energy and construction sector improved." "The increase in the construction sector is particularly noteworthy as it is one of the few sectors which seems to have contributed positively to overall GDP growth in the third quarter." "Stagnation at a very high level. This is the characterisation of Germany's industrial… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
