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German production in June 2025: -1.9% on the previous month
Production in industry in real terms (price adjusted) was down 1.9% in June 2025 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). Production in industry therefore reached the lowest level since May 2020, when it decreased dramatically due to the Covid-19 pandemic. The less volatile three-month on three-month comparison showed that production in the 2nd quarter of 2025 declined by 1.0% and thus also dropped to the same low level it last reached in the first half of 2020. After revision of the provisional results, production ... (full story)
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In June 2025, German exports were up 0.8% and imports rose by 4.2% on a calendar and seasonally adjusted basis compared with May 2025. Compared with June 2024, the Federal Statistical Office (Destatis) further reports that exports increased by 2.4% and imports rose by 7.9%, based on provisional data. After calendar and seasonal adjustment, Germany exported ...
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably. At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%. There has been substantial disinflation over the past two and a half years, following previous external shocks, supported by the restrictive stance of monetary policy. That progress has allowed for reductions in Bank Rate over the past year. The Committee remains focused on squeezing out any existing or emerging persistent inflationary pressures, to return inflation sustainably to its 2% target in the medium term. The path of disinflation in underlying dom #BOE *BANK OF ENGLAND CUTS KEY INTEREST RATE TO 4% AFTER 5-4 VOTE - BBG *BOE: 5 VOTED FOR QUARTER-POINT CUT, 4 TO KEEP RATE UNCHANGED *BOE's Taylor Voted For Cut To 3.75%, But Backed Move To 4% In Second Vote *BOE SEES INFLATION PEAKING AT 4% IN SEPTEMBER, UP FROM 3.7% 
Bank of England cuts interest rates by a quarter point to 4% as balancing act continues The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a “gradual and careful” approach to lowering interest rates. The BOE was widely expected to trim rates by 25 basis points at its latest monetary policy meeting, but traders and economists were keen to see the breakdown of support for the decision among the bank’s policymakers. As it turned out on Thursday, the nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the “Bank Rate,” by 25 basis points rather than keeping it on hold. Policy makers have had to weigh up sticky inflation — the consumer pr
Bank of England cuts interest rates by a quarter point to 4% as balancing act continues The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a “gradual and careful” approach to lowering interest rates. The BOE was widely expected to trim rates by 25 basis points at its latest monetary policy meeting, but traders and economists were keen to see the breakdown of support for the decision among the bank’s policymakers. As it turned out on Thursday, the nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the “Bank Rate,” by 25 basis points rather than keeping it on hold. Policy makers have had to weigh up sticky inflation — the consumer pr
Exports and imports statistics on a balance of payments and international merchandise trade basis. • The seasonally adjusted balance on goods increased $3,761m in June. • Goods credits (exports) increased $2,518m (6.0%) driven by Non-monetary gold. • Goods debits (imports) decreased $1,244m (3.1%) driven by Capital goods. tables
