German Industrial Production jumps 1.4% MoM in June vs. 1.0% expected

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7 August 2024

German Industrial Production jumps 1.4% MoM in June vs. 1.0% expected

Germany’s industrial sector returned to expansion in June, the latest data published by Destatis showed on Wednesday.

Industrial output in the Eurozone’s top economy increased by 1.4% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, as against an expected increase of 1.0% and a 2.5% drop registered in May.

Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -6.7% to -4.1% in June

Germany Industrial Production s.a. (MoM) came in at 1.4%, above expectations (1%) in June

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