IndustrialProduction

📈 Germany’s Industrial Production Surges +1.2% in May! 📈

🔥 Beats expectations of -0.6%, rebounding strongly from April’s -1.6% drop.

🚗 Key sectors driving growth: Automotive +4.9%, Energy +10.8%, Pharmaceuticals +10%!

⚠️ But watch out — industrial orders fell 1.4%, signaling some demand weakness in the eurozone.

💡 Government tax relief measures aim to boost investment and help end the economic slump.

#Germany #IndustrialProduction #Economy #Manufacturing #BinanceSquare