Overview
- Industrial production rose 0.8% month on month in November, marking a third straight increase and a 0.7% gain on a three‑month basis.
- October’s growth was revised up to 2.0% from 1.8%, underscoring recent data volatility and the importance of revisions.
- Automotive output jumped 7.8% with machinery up 3.2% and machine maintenance and assembly up 10.5%, while energy production fell 7.8%.
- Excluding energy, industry output rose 2.1% as investment goods climbed 4.9% and intermediate and consumer goods slipped 0.8% and 0.3%.
- Exports fell 2.5% to €128.1 billion and imports rose 0.8% to €115.1 billion, with shipments to the United States down 4.2% and to China up 3.4%.