Germany's industrial production declined unexpectedly in December due to the sharp contraction in construction, data from Destatis revealed on Monday.
Industrial output dropped 0.3 percent month-on-month, in contrast to the revised 0.3 percent rise in November. This was the first fall in three months. Economists had forecast a monthly growth of 0.4 percent.
On a yearly basis, industrial production decreased 4.1 percent, following a 2.2 percent drop in the previous month.
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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.