Home Germany: Manufacturing likely to decline 2.3% m/m in September – TDS

Germany: Manufacturing likely to decline 2.3% m/m in September – TDS

Updated: 7 Nov. 2018 | 07:20

Analysts at TD Securities expect German manufacturing for September to decline 2.3% m/m decline against consensus of +0.1% m/m.

Key Quotes

“Underlying details of Tuesday’s factory orders release showed weak activity in the manufacturing sector, likely on account of continued sharp declines in auto production that month (-12% m/m, on account of new regulations.”

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