German Industry Output Rebounds on Strong Investment Demand
- Production rose 3.4% in November vs. estimated gain of 1.8%
- Boom feeds into debate on when ECB can end euro-zone stimulus
This article is for subscribers only.
German industrial production rebounded in November, setting up the euro area’s biggest economy for a strong finish to the year and adding to the picture of robust growth in the currency bloc.
Led by demand for investment goods, output increased 3.4 percent from the previous month, data from the Economy Ministry showed on Tuesday. Production surged 5.6 percent from a year earlier, the most since 2011.