9th Jun 2026 07:37
(Sharecast News) - German industrial production and exports rose more than expected in April, according to official data published on Tuesday.
Industrial production increased by 0.4% month on month, the federal statistics office said. Analysts had forecast a 0.5% rise.
The less volatile three-month on three-month comparison showed that production was 0.5% lower in the period from February to April than in the previous three months, statistics office Destatis said.
The rise was driven by the construction and chemicals industries and fabricated metal products, except machinery and equipment, offset by a 4.7% fall in automotive industry production.
In a separate statement, German exports rose by an unexpected 0.9% in April compared with the previous month.
Imports rose by 1.2% on a calendar and seasonally adjusted basis compared with March.
As a result, the trade balance slightly narrowed to a surplus of €14.5bn in April from €14.7bn in March.
Reporting by Frank Prenesti for Sharecast.com