Analysis: Germany's industrial output is likely to rise in April after strong new orders

After a 0.5% decline in February, output fell by 0.7% month-on-month in March. He stated that previous data showed a strong 5.0% increase in manufacturing orders in March, and that the German Economic Institute's Business Climate Index also indicated an improved assessment of current business conditions. “Therefore, output may rebound in April.” However, Schumacher noted that the war in Iran and the resulting energy price shocks mean any improvement may only be temporary.