[macro outlook] Germany announces monthly rate of industrial output after quarterly adjustment in July

Published: Sep 06, 2020 16:32 (GMT+8)

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SMM9 March 6: tomorrow we will focus on the monthly rate of industrial output in Germany after the quarterly adjustment in July and China's trade account in August.

In terms of data, China's trade account in August, the official website of China's National Bureau of Statistics released RMB-denominated trade account data on time, and then foreign media authorities will release billion-dollar trade account data accordingly. The trade account reflects an important indicator of a country's export competitiveness and the strength of domestic demand.

The monthly rate of industrial output in Germany after quarterly adjustment in July refers to a variety of products produced through industrial processes, including two parts: one is to meet people's daily needs, such as food, clothing, televisions, refrigerators, and so on. The other part is used to meet the needs of production, such as iron and steel, machinery, chemical fertilizers, pesticides and so on.

The euro zone's September Sentix investor confidence index, a leading indicator of economic health, is compiled into an index to measure the future direction of the economy through a survey of the future economic expectations of well-informed investors and analysts.

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