07-07-2025
German Industry Bounces Back as Firms Front-Run Higher Tariffs
German industrial production unexpectedly rose in May, suggesting companies rushed production before potentially much higher tariffs on exports to the US.
Output increased 1.2% from April, the statistics office said Monday. Economists had predicted a 0.2% dip, according to the median estimate in a Bloomberg survey. Car, pharmaceuticals and energy production all rose.
