Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

German industrial production grew unexpectedly in February as the coronavirus, or Covid-19, pandemic was yet to have any notable impact on industry, data from Destatis revealed Tuesday.

Industrial production grew 0.3 percent month-on-month in February, confounding expectations for a decline of 0.9 percent. Nonetheless, the pace of growth eased from January's 3.2 percent rise.

On a yearly basis, industrial production declined 1.2 percent after falling 0.9 percent in January.

Excluding energy and construction, industrial production was up 0.4 percent in February. Energy production advanced 2.7 percent, while construction output decreased 1.0 percent.

The economy ministry said industrial production will plummet in March. Construction output will also temporarily experience noticeable losses given the sudden drop in the workforce.

With the recent production stops, lockdown measures and the sharp fall in production expectations in March, the February figures are nothing more than a relic from the past, which looks much further away than it actually is, Carsten Brzeski, an ING economist, said. The ifo institute said industrial production is set to collapse in coming three months. The think tank said the production expectations index fell to -20.8 in March from +2.0 preceding period. This was the most drastic slump since the survey began in 1991.

Data released on Monday showed that factory orders fell 1.4 percent on month in February after rising by 4.8 percent in January.

The industry group BDI predicted that the Germany economy is set to shrink 3-6 percent this year.

Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.