DataEURMed impact

German industrial output rises 2.0% in August as construction jumps 9.3%

Destatis says production rose 2.0% on July, led by construction, while carmakers' output fell 5.4%. July's decline was revised to 1.2%.

Steel equipment in a brewery.
Pexels · Pexels License

Germany's Federal Statistical Office (Destatis) published its industrial production figures for August on 7 October 2026. Production in industry rose 2.0% on July, seasonally and calendar adjusted and in real terms, and was 2.3% higher than in August 2025. The figures are provisional.

What drove the rise

  • Construction: +9.3% on the month, the largest contributor
  • Machinery and equipment: +5.3%
  • Motor vehicles: −5.4%, which weighed on the total
  • Excluding energy and construction: +0.6%
  • Energy-intensive industries: −0.5%
German industrial output rises 2.0% in August as construction jumps 9.3% — central bank rate path diagram
A central bank's policy rate path across recent meetings

Destatis revised July's decline to 1.2%, from 1.1% in its earlier estimate. On a three-month basis, production from June to August was 0.4% above the three months before.

German industrial output rises 2.0% in August as construction jumps 9.3% — risk-reward diagram
A risk-reward ratio of 1 to 2

Reading it

Construction gains of this size are often revised, and the rise is concentrated in one sector, so the headline is less broad than it looks. Excluding energy and construction, output rose only 0.6%. The drop in car output is consistent with the falls in motor vehicle production elsewhere this month, including in the US industrial production report.

For the euro area as a whole, output fell 0.5% in August. For what Germany's final September inflation figure showed the same week, see the German CPI report. Live prices: EUR/USD.

Sources

  1. Destatis: Production in August 2026: +2.0% on the previous month, press release No. 355, 7 October 2026

Common questions

How much did German industrial production rise in August 2026?

Destatis reported a 2.0% rise on July, seasonally and calendar adjusted, and a 2.3% increase on August 2025.

What drove German industrial output in August 2026?

Construction rose 9.3% on the month and machinery and equipment 5.3%, while motor vehicle output fell 5.4%.

Are German industrial production figures revised?

Yes. Destatis labels the first estimate as provisional and revises it, as it did with July's figure in this release.

This article is for information only and is not financial advice. Trading forex and CFDs carries a high risk of losing money. Read the risk warning. Spotted an error? Tell the editors.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…