Germany's industrial production grew unexpectedly in November, while exports registered its biggest fall since May 2024, official data revealed on Friday.
Industrial output climbed 0.8 percent month-on-month in November, Destatis reported. Although it was weaker than the 2.0 percent increase in October, the increase confounded economists' forecast of 0.6 percent fall.
The positive development was mainly attributable to the growth in the automotive industry and in the manufacture of machinery and equipment, data showed.
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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.