According to the official figures released on Monday, industrial production climbed in Germany in November, raising the possibility that the manufacturing sector is beginning to show signs of recovery.
Industrial output in the economic powerhouse of the Eurozone increased by 0.2% MoM, as opposed to the 0.1% forecast and the -0.1% previous, according to data from the federal statistics organisation Destatis.
German Industrial Production was down 0.4% on an annualized basis in November compared to a 0% figure in October and 1.3% market expectations.
