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

Importance
Level 1
  • 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.
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