Germany's industrial output declined more than expected in August on weak auto production, data from Destatis revealed on Thursday.
Industrial output fell 4 percent month-on-month in August, reversing a 1.3 percent rise in July. Economists had forecast a monthly fall of 0.4 percent.
This was the biggest fall since April 2020, when output was down 18.2 percent.
Compared with February 2020, the month before restrictions were imposed due to the corona pandemic, production was 9.0 percent lower in August.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.