Industrial Production [in Germany] has plunged 3.4% MoM in March vs. -1.5% expected, mainly driven by a 6.5% slump in auto production.

Good Morning from Germany where Industrial Production has plunged 3.4% MoM in March vs. -1.5% expected, mainly driven by a 6.5% slump in auto production. Manufacture of machinery & equipment (-3.4%) & construction output (-4.6%) add to the significant decrease in total production pic.twitter.com/Hgi1MSC311

— Holger Zschaepitz (@Schuldensuehner) May 8, 2023