Destatis released its industrial production data for Germany on Wednesday. German industrial production slid 1.2% in August, missing expectations for a 0.2% gain, after a 1.2% rise in July. July's figure was revised up from a 0.7% increase.

The output of capital goods decreased 2.1% in August, energy output dropped 1.4%, and the production in the construction sector was down 1.3%, while the production of intermediate goods was flat.

The output of consumer goods decreased 0.4%.

German industrial production excluding energy and construction fell by 1.1% in August.