Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday.
Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.
Production for May was revised down from the initially estimated 1.2 percent increase to a fall of 0.1 percent. The unusually high revision was due to data corrections reported by some establishments in the automotive industry, the statistical office said.
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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.