Germany's industrial production declined more than expected in February, data from the Federal Ministry of Economy and Technology showed Thursday.
Industrial output dropped 1.3 percent in February from a month ago, offsetting January's 1.2 percent growth. Economists had expected a 0.5 percent decrease.
On a yearly basis, industrial production slipped unexpectedly by an adjusted 1 percent, reversing a 1.5 percent rise in January. The consensus forecast called for an increase of 0.5 percent.
Meanwhile, unadjusted industrial output grew 1.2 percent annually, slower than the 4.6 percent increase in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.