Germany's industrial production declined more-than-expected in June, fueling recession fears as trade disputes weigh on exports, official data showed Wednesday.
Industrial production fell 1.5 percent on a monthly basis in June, reversing a revised 0.1 percent rise in May, Destatis reported. Output was forecast to drop moderately by 0.5 percent.
Excluding energy and construction, production fell 1.8 percent. Energy production was down by 1.6 percent, while construction output increased 0.3 percent.
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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.