Germany’s industrial production and exports fell in April after a recent growth spurt in the first quarter, suggesting that the prior uptick was linked to a pre-tariff rush.

Output in the manufacturing sector fell 1.4% month-on-month and declined 1.8% compared to April 2024.

In March, this total grew 2.3% month-on-month, and it fell 0.7% year-on-year.

Exports from Germany, meanwhile, also disappointed in April, dropping 1.7% month-on-month and falling 2.1% on the year.

Imports rose 3.9% from March to April, while the annual jump was 3.8%.