Xinhua
09 Jun 2026, 17:45 GMT+10
BERLIN, June 9 (Xinhua) -- Germany's industrial production in real terms went up slightly by 0.4 percent in April, compared with the previous month, but the overall production remains subdued, according to figures released by the German statistical office (Destatis) on Tuesday.
The total production from February to April was 0.5 percent lower than the previous three months, Destatis data showed.
The slight increase is mainly driven by the sharp increase in construction production. Compared with March, production in the construction industry soared by 2.4 percent. Meanwhile, production in the automotive industry plunged by 4.7 percent month on month.
On a year-on-year basis, Germany's production in April decreased by 0.5 percent, a sign of improvement compared with March, when production shrank by 2.8 percent year-on-year.
Despite the sharp increase in construction production, the production index stood at 91.4 points, below the benchmark of 100 index points, reflecting negative sentiment across the industry.
"Industrial production will likely not see a positive turnaround until the Strait of Hormuz reopens," commented Philipp Scheuermeyer, a senior economist at the state development bank KfW.
The Federal Ministry for Economic Affairs and Energy stated, however, that even if the Strait of Hormuz reopens, energy prices would remain "significantly elevated for quite some time" and the supply situation for key intermediate goods would remain "tight" until production and trade capacities have largely normalized.
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationCUPERTINO, California: Apple introduced a redesigned version of Siri powered by artificial intelligence, marking its biggest update...
SINGAPORE/LONDON: Indonesian President Prabowo Subianto is losing investors' trust, and his plans to grow the economy are at risk as...
NEW YORK, New York - World stock markets closed on a deeply divided note Monday, with Wall Street's technology sector powering the...
NEW YORK CITY, New York: S&P Dow Jones Indices has decided against changing its rules to allow newly public mega-cap companies to enter...
SAN FRANCISCO, California: Artificial intelligence company Anthropic has called for greater industry coordination to ensure developers...
MILAN, Italy: Commerzbank said on June 5 that shares equivalent to 7.85 percent of its capital have been tendered under UniCredit's...
TIRANA, Albania: Thousands of people in Tirana protested this week against a plan to build a luxury resort on a sensitive stretch of...
New Delhi [India], June 5 (ANI): Economists and industry experts largely welcomed the Reserve Bank of India's decision to keep the...
BERLIN, June 9 (Xinhua) -- Germany's industrial production in real terms went up slightly by 0.4 percent in April, compared with the...
Israel Folau BLOCKED from returning to the NRL after 16 year exile from competition
Footy rivalries put aside as MND-stricken Jai Arrow is honoured at AFL's Big Freeze
Ex-AFL star Majak Daw opens up about suicide attempt- I regretted it straight away
