German industrial output fell a bit less than anticipated in July but that was mainly due to a rebound in construction activity, while there were signs that manufacturing production is starting to be hit hard by the energy crisis. We continue to expect that a contraction in industrial output in the remainder of the year will contribute to plunging the German economy into recession.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services