Germany's industrial output increased by 0.7% month-on-month in September

China News Service, Berlin, November 6 (Reporter Ma Xiuxiu) Preliminary data released by the German Federal Statistics Office on the 6th showed that after adjusting for price, seasonal and calendar factors, Germany's industrial output increased by 0.7% month-on-month in September 2026.

Germany's industrial output increased by 1% month-on-month in August. Experts had generally expected zero growth in industrial output in September.

The Federal Statistical Office pointed out that the positive performance of industrial output in September was mainly due to the 17.1% month-on-month increase in automobile industry output. In the past two months, the output of the automobile industry has been at a low level due to production adjustments, factory holidays and other factors. In addition, the pharmaceutical industry output increased by 8% month-on-month, which also had a positive impact on the overall results. In contrast, the output of the machinery manufacturing industry fell by 6.5% month-on-month, and the output of the construction industry fell by 2.6% month-on-month, both of which had a negative impact on the overall performance.

Data show that excluding the energy and construction industries, Germany's industrial output increased by 1.7% month-on-month in September. On a calendar-adjusted basis, industrial output rose 0.3% in September from a year earlier.

Mark Schattenberg, an economist at Deutsche Bank Research, believes that solid order growth and already sufficient order reserves in multiple industrial sectors will lay a good foundation for further stabilization of production. Economic sentiment indicators that have recently turned significantly towards optimism also reflect this trend. However, high oil and natural gas prices, as well as the structural transformation that key industrial sectors are undergoing, may still hinder a stronger economic recovery in the short term.

The German Federal Ministry of Economic Affairs and Energy issued a statement on the same day stating that the confidence of the industrial sector has recovered significantly recently, the backlog of orders is relatively high, and the special factors that inhibit production have gradually subsided, all of which indicate that the German industrial economy is expected to rebound before the end of the year. However, given that the current geopolitical environment remains severe and energy prices in the global market have risen sharply again recently, Germany's economic recovery still faces certain risks.