Germany's industrial production unexpectedly declined in June as supply shortages weighed on the manufacturing sector, data published by Destatis revealed on Friday.
Industrial output dropped 1.3 percent in June from May, when production was down by revised 0.8 percent. Economists had forecast production to grow 0.5 percent in June.
The economy ministry said the main reason for the decline in industrial production in the second quarter was supply bottlenecks for semiconductors, especially in the automotive sector, which are still causing problems at the moment.
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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.