German Industrial Output Falls Again in August, Raising Recession Worries

Industrial output in Germany fell 0.2% in August vs 0.1% forecast, indicating continued pressure on the sector.

Declines were seen in construction, energy production, and machinery/equipment manufacturing.

Automotive production rose 7.6% in August vs July.

Industrial orders rose 3.9% in August but outlook remains challenging.

Economists expect further contraction in German industrial output in coming months, raising recession fears.