FX.co ★ German Industrial Output Slips Further in March, Deepening Monthly Decline

Germany’s industrial production contracted again in March 2026, underscoring persistent weakness in the country’s manufacturing sector. Month-over-month, output fell by 0.7%, deteriorating from February 2026’s revised 0.5% decline.

The data, updated on 8 May 2026, show that the pace of contraction has intensified, with March’s figure comparing the change in production from February to March, while February’s reading reflected the change from January to February. The back-to-back declines highlight ongoing pressure on German industry at the end of the first quarter of 2026, suggesting that a sustained recovery in manufacturing remains elusive.