German Industrial Production MoM (Nov) M/M 0.8% vs. Exp. -0.4% (Prev. 1.8%); driven mainly by autos

The better-than-expected rise in German industrial production suggests stronger economic activity, particularly driven by the automotive sector, which could influence both the EUR and future ECB policy.

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German Industrial Production MoM (Nov) M/M 0.8% vs. Exp. -0.4% (Prev. 1.8%); driven mainly by autos

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  • The positive development of production in November 2025 was mainly attributable to the growth observed in the automotive industry (+7.8% on the previous month, seasonally and calendar adjusted)
  • The less volatile three-month on three-month comparison showed that production was 0.7% higher in the period from September 2025 to November 2025 than in the previous three months.
Context

This data may shift market expectations about growth prospects in Germany and the eurozone, and could signal a potential resilience in manufacturing amid broader economic concerns.

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