17 Hrs
Source:
Sky News
German industry reports first revenue increase since 2023
German industry recorded its first increase in revenues since 2023 in the first quarter of 2026, reaching over 531 billion euros, an increase of 1.7 percent. Despite this, the number of employees declined to 5.3 million jobs, a decrease of 2.3 percent. The study shows that the metals sector experienced an 18 percent rise in revenues, with exports growing by 28 percent. Conversely, the revenues of the paper and textiles industries fell by approximately 6 and 8 percent, respectively. At the same time, employment continues to decline in the automotive and machinery sectors, while studies expect the industrial sector to remain weak due to rising costs and increased competition.
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