FX.co ★ German Industrial Output Slips 1.63% in July, Ending Flat Streak

Germany’s industrial production fell by 1.63% year-over-year in July 2026, marking a deterioration from the previous month’s stagnation and underscoring persistent weakness in Europe’s largest manufacturing economy.

Revised data show that in June 2026, German industrial output was flat at 0.00% compared with June 2025, but that stability did not carry into July. The latest figures, updated on 7 September 2026, indicate that production in July 2026 was 1.63% lower than in July 2025, signaling a clear loss of momentum on an annual basis.

The year-over-year comparison highlights that the sector has moved from a standstill to contraction within a single month, raising concerns that German industry is struggling to sustain growth in the face of ongoing global economic headwinds and domestic challenges.