German Industrial Production

Like anything that comes from Germany, this is an important indicator for European economy and markets/currency reacts at differences between the actual vs forecast regarding to it.

The Industrial Production shows the change in total adjusted inflation value of output , produced by manufactureres, mines and utilities and it is released by Destatis.

The most important thing to take into consideration when looking at the German Industrial Production are the following:

  • release date: monthly, about 16 days after the month ends;
  • release time: 09:00 GMT, during the London trading session;
  • first tier data;
  • high volatility expected;
  • actual > forecast = positive for currency;
  • actual < forecast = negative for currency.

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