India, Aug. 7 -- Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday.
Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.
Production for May was revised down from the initially estimated 1.2 percent increase to a fall of 0.1 percent. The unusually high revision was due to data corrections reported by some establishments in the automotive industry, the statistical office said.
Destatis said industrial production reached the lowest level since May 2020, when it decreased dramatically due to the Covid-19 pandemic.
On a yearly basis, the decline in industria...