Despite supply chain problems, Germany's industrial output grew for the first time in four months in July, underpinned by higher production of capital and consumer goods, Destatis said Tuesday.Industrial production grew 1 percent month-on-month in July, offsetting a revised 1 percent fall in June. Economists had forecast a monthly growth of 0.9 percent.The economy ministry said the outlook for the...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.