Industrial production in Germany rose 0.9% in May compared with the previous month—the largest increase since March of last year—according to the country’s statistics office.
Analysts had expected industrial production to rise by 0.2% on average, according to Trading Economics.
According to revised data, the figure rose by 0.2% in April, rather than 0.4% as previously reported.
Output of consumer goods rose by 1.2% in May, while output of capital goods increased by 1.3%. Meanwhile, production of intermediate goods fell by 0.4%.
Output in the automotive industry increased by 3.6%, construction output by 0.9%, and energy production by 0.8%.
On a year-over-year basis, industrial production in Germany remained unchanged in May after falling by 0.9% the previous month.
