German industrial production rose 2.0% in August, beating economists’ forecast of a 0.5% increase. The rebound was driven mainly by stronger construction and machinery output, although weak new orders highlight continued challenges for Germany’s industrial sector.

German industrial productionIndustrial ProductionIndustrial Production is an economic indicator that tracks output from sectors such as manufacturing, mining, and utilities. Changes in the index help show whether industrial ac...Read More increased 2.0% in August from July, exceeding the 0.5% rise expected in a Reuters poll, according to reporting on 7 October. Construction output rose 9.3%, while machinery production also contributed. The three-month comparison showed a smaller 0.4% increase. July’s decline was revised to 1.2%. The release offers new evidence on realised output in Europe’s largest economy, although one strong monthly reading alone cannot establish a sustained recovery.