FX.co ★ German Industrial Output Falls More Than Expected

Germany experienced a 1.4% decline in industrial production in April 2025 compared to the previous month, outpacing the anticipated 1% drop. This downturn erased the revised 2.3% gain reported in March and marks the steepest decline in industrial activity since December. The decrease was notable across various economic sectors, with significant downturns in the pharmaceuticals industry, which plunged by 17.7%, and the machinery and equipment sector, which fell by 2.4%. Conversely, the construction sector saw a production rise of 1.4%, and the food industry experienced a 5.7% uptick. Energy-intensive industries also saw a decrease in production, falling by 2.1%. Despite these fluctuations, the three-month average, which presents a less volatile perspective, indicated a 0.5% rise in industrial production from February to April when compared to the preceding three-month period. Annually, there was a 1.8% decline in output, following a 0.7% decrease noted in March.