After lockdown restrictions were eased, Germany's industrial production grew for the first time in three months in May, suggesting that the economy started to recover from the unprecedented downturn caused by the coronavirus pandemic.
Industrial output grew 7.8 percent on a monthly basis in May, in contrast to a revised 17.5 percent fall in April, data released by Destatis revealed Tuesday. Production was forecast to grow 10 percent in May.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.