Germany's industrial output expanded for the first time in four months in July, while exports declined on weaker demand from the United States and China.
Industrial production rose 1.3 percent month-on-month in July, data from Destatis showed Monday. The expansion reversed June's decrease of 0.1 percent, which was revised sharply from a 1.9 percent drop estimated initially.
The recovery in July was mainly driven by a 9.5 percent growth in the manufacture of machinery and equipment. An 8.4 percent expansion in the pharmaceutical industry also had a positive impact on output, while energy production contributed negatively as it fell 4.5 percent.
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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.