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.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.