FRANKFURT (MktNews) - German manufacturing production for the month of January will likely be revised down from the 2.1% gain orginally reported, the Bundesbank said in its monthly report for March.
The Bundesbank did not give an estimate of the expected downward revision nor any reason as to why a downward revision was expected.
Overall German industrial production rose 0.9%, as the rise in manufacturing output -- paced by a 8.0% gain in output for capital goods -- offset declines in construction, mining and utility production.