Germany industrial production beats forecasts with 0.9% MoM rise in May

Germany's industrial production rose 0.9% in May compared to the previous month, according to data from Destatis. The figure surpassed market expectations, signaling stronger-than-anticipated activity in the country's industrial sector.

The data provides a positive reading for Europe's largest economy, which has faced headwinds in recent months. The improvement may influence sentiment around the euro and ECB policy expectations.