Germany’s Industrial Production likely to increase in November

Germany's November Industrial Production is expected to rise by 0.4% MoM, after the expected rebound in October disappointed the market posting 0.2% MoM. It is set to stabilise the 3 month average growth, but not likely to have a positive impact on the Real GDP in the fourth quarter. Industrial Production is likely to pick up pace gradually early next year since the country is still struggling from global trade and domestic emission scandals.