FX.co ★ German Industrial Output Growth Slows to 0.7% in September 2026

Germany’s industrial production expanded by 0.7% month-over-month in September 2026, easing from a 1.0% increase recorded in August, according to data updated on 06 November 2026. The figures, measured on a month-over-month basis, indicate that while the sector continues to grow, the pace of expansion has moderated.

The “actual” reading for September compares industrial output with August 2026, whereas the “previous” figure for August reflects the change against July 2026. The slowdown from 1.0% to 0.7% suggests that momentum in German industry remains positive but somewhat softer as the third quarter draws to a close. Investors and policymakers will be watching upcoming releases closely for signs of whether this cooling is temporary or the start of a more sustained moderation in industrial activity.