Destatis released its industrial production data for Germany on Monday. German industrial production rose 0.7% in July, missing expectations for a 1.0% gain, after a 0.9% decline in June. June's figure was revised up from a 1.4% drop.

The output of capital goods increased 2.8% in July, energy output climbed 1.9%, and the production in the construction sector was up 3.2%, while the production of intermediate goods fell 0.8%.

The output of consumer goods decreased 3.7%.