OR industrial production her Germany It increased in March, with US President Donald Trump duties imposing external demand.
More specifically, Germany’s industrial production increased by 3% compared to the previous month, more than expected, according to a Bloomberg report. This is mainly due to the car industry, medicinal products and machinery, according to the Statistical Service. On a less volatile quarterly basis, it was 1.4% higher.
The percentages point out how the activity in Germany’s dependent manufacturing sector intensified the months before the imposition of duties by US President Donald Trump. According to analysts, there was probably a role in some forward -looking demand for the avoidance of these duties.
Earlier data this week showed that German factory orders increased more than expected in March. Shopping managers involved in a S&P Global poll have shown that the country’s industry is slowly recovering from the long-term weakness that began with Russia’s full-scale invasion of Ukraine in 2022.
If this trend continues, it will be a positive news for German Chancellor Friedrich Mertz, who has promised to bring the country back to growth after two consecutive years of shrinking its economy. It plans to invest hundreds of billion euros in the country’s infrastructure, while boosting its defense capabilities and reducing bureaucracy.
Commercial tensions in the US still mean that short -term prospects remain sluggish. The government in Berlin expects another year of stagnation before the recovery that will begin to be implemented in 2026.
Separate evidence showed that the country’s trade surplus expanded to $ 21.1 billion ($ 24 billion) in March, from the revised 18 billion euros last month.