German Industrial Production Still Struggles To Gain Positive Momentum

ING Economic and Financial Analysis5.23K FollowersFollow5ShareSavePlay(3min)CommentsSummaryGerman industrial production is still struggling to gain momentum.Still, an industrial upswing remains in the making, even if surging oil prices could clearly spoil the party.The modestly optimistic outlook for German industry has become more blurred again. arsenisspyros/iStock via Getty Images By Carsten Brzeski, Global Head of Macro German industrial production started the year on a weak footing, dropping by 0.5% month-on-month in January from an upwardly revised -1.0% MoM in December. The January drop was mainly driven by weaker productionThis article was written byING Economic and Financial Analysis5.23K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.