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July 7, 2026

German Industry Defies Recession Fears

Macro ThematicMacro Economic IndicatorsConsumer DiscretionaryIndustrials

German industrial production rose 0.9% in May, showing unexpected resilience despite external shocks. Tentative optimism is supported by new government structural reforms.

Key Takeaways

  • 1.German industrial production increased by 0.9% month-on-month in May, signaling resilience against recessionary pressures.
  • 2.Structural reform packages covering healthcare, pensions, and labor markets provide a tentative framework for future growth.

Table of Contents

  • German industry defies recession fears in May
  • Optimism is gradually returning

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Authors

Carsten Brzeski

Themes

Economic ResilienceStructural Reform

Regions

EuropeGermany

Browse More

INGMacro ThematicMacro Economic Indicators

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