- Industrial production +0.9% vs +0.2% m/m expected
- Prior +0.4%; revised to +0.2%
That’s a modest bump up in German industrial output for the month of May, following a downward revision to the April figure. The less volatile three-month comparison shows production from March to May 2026 being 0.1% higher than in the three preceding months. Meanwhile compared to May 2025, output remained unchanged in May 2026 (0.0%) after calendar adjustment.
The main reason for the bump in May was due to a significant production increase in the automotive industry (+3.6%). Adding to that was also a notable positive contribution from construction output on the month (+0.9%). Besides that, production in energy-intensive industries (+0.2%) also saw a slight bump up on the month.
The more concise overview shows that the production of capital goods increased by 1.3% and production of consumer goods by 1.2%. That adds to energy production which also increased by 0.8% in May. In contrast, the production of intermediate goods fell by 0.4%.
This article was written by Justin Low at investinglive.com.