FX.co ★ German Industrial Output Rises Less Than Expected

In September 2025, Germany experienced a 1.3% rise in industrial production from the previous month, a figure that fell short of the anticipated 3% increase. This gain follows a significant downward revision of 3.7% for August. The auto industry spearheaded the recovery, registering a substantial 12.3% increase after a sharp 16.7% decrease in August caused by factory holidays and production shifts. Meanwhile, the production of data processing, electronic, and optical products saw a 5.1% increase, though mechanical engineering experienced a 1.1% decrease. Excluding energy and construction, industrial production heightened by 1.9%, with capital goods seeing a 3.8% boost. Both consumer and intermediate goods showed minimal growth, each up by 0.2%. Energy production rose by 1.3%, whereas construction output fell by 0.9%. Over the July to September period, industrial production was down 0.8% compared to the preceding three months. On an annual scale, overall industrial output decreased by 1.6%, following a revised decline of 3.6% in August.