German Industrial Production is leading indicator in Euro-Zone that measure change in total inflation. It also measures value of outputs produces by utilities, mines and manufacturers. Manufacturing sector is most important that contribute 70% of total German productions. The biggest manufacturing segments includes trailers, semi-trailers and motor vehicles (12%), machinery and equipment’s (12%), electrical equipment, optical products, computer and other electronics (10%) while basic metals and fabricated metals contribute (10%). Across manufacturing, Energy sectors accounts for 10% total outputs while construction sectors accounts for 11%.
German Industrial Production data is released after six weeks after the end of month at 10:00 GMT by Federal Statistical Office Germany. Reading of German Industrial Production higher than expected taken as positive which indicate bullish trend for Euro while reading lower than expected taken as negative, which indicate bearish market trend for Euro-zone.