Germany: Industrial production likely to come in flat in Dec - TDS

Analysts at TDS are looking for German industrial production to come in flat on a m/m basis in Dec, a bit stronger than consensus expectations for a -0.7% decline.

Key Quotes

“Yesterday's factory shipments data support a fairly steady pace of IP after the outsized 3.4% gain in Nov. Also today, the ECB's Nouy and Lautenschlaeger hold the ECB's Banking Supervision annual press conference at 9am GMT.”