Germany's industrial production declined more than expected in August as raw material shortages and supply chain bottlenecks continued to dampen the functioning of many industries, official data showed on Friday.
Retail sales also weakened in August signaling weak contribution to growth from household spending amid rising energy prices.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.