BERLIN Jan 9 German industrial production rose
for the second consecutive month in November and exports jumped
more than expected, data showed on Monday, boosting expectations
for a rebound in Europe's biggest economy in the fourth quarter.
Industrial output edged up by 0.4 percent on the month, data
from the Economy Ministry showed. This was slightly weaker than
the consensus forecast in a Reuters poll for a rise of 0.6
The increase was driven by a 1.5 percent jump in
construction output, the strongest monthly gain since February.
Manufacturing production was up 0.4 percent while energy output
fell 0.4 percent.
The October reading was revised up to a rise of 0.5 percent
from a previously reported rise of of 0.3 percent.
Separate data released from the Federal Statistics Office
showed on Monday that seasonally adjusted exports rose by 3.9
percent on the month.
This was the strongest monthly gain since May 2012 and came
in better than the consensus forecast in a Reuters poll for a
rise of 0.5 percent.
Imports increased by 3.5 percent which was the strongest
monthly rise since June 2014 and also much stronger than a
predicted increase of only 0.2 percent.
The seasonally adjusted trade surplus widened to 21.7
billion euros ($22.86 billion) from 20.6 billion euros in
October. The November reading was above the Reuters consensus
forecast of 21.2 billion euros.
($1 = 0.9494 euros)
(Reporting by Michael Nienaber and Joseph Nasr; Editing by Paul