Germany's industrial production expanded more than expected in February, underpinned by the growth in automotive output, and alleviated the risk of recession.
However, a closely watched survey showed that the construction sector continued to contract in March after output and new orders fell at faster rates.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.