Industrial production in Germany fell 1.6% in July

Industrial production in Germany fell 1.6% in July. Industrial production in Germany in July 2026 decreased by 1.6% compared to the same month last year, according to the Federal Statistical Office Destatis. The strongest drop was recorded in the automotive industry (minus 9.2%), the production of fixed assets (minus 3.4%) and consumer goods (minus 2.2%). Joerg Kremer, chief economist at Commerzbank, said that "a strong economic recovery in Germany will not happen until the federal government improves business conditions in the country and corporate investment increases." #Germany #economy Subscribe!