Rebounds: Energy, Pharmaceuticals and Automotive Drive Growth
Published Time:
2025-07-16 11:05
Source:
Wiesbaden, July 7, 2025 (dpa) – Germany’s industrial sector delivered a surprise boost in May, according to data from the Federal Statistical Office (Destatis). Manufacturing output rose 1.2% month-on-month, far above analysts’ expectations of a slight decline, and was 1.0% higher than a year earlier. Leading the upturn were the energy, pharmaceutical and automotive industries, with output in the energy sector jumping 10.8%, pharmaceuticals up 10.0%, and motor vehicles rising 4.9%.
Meanwhile, Germany’s entrepreneurial scene is on the rise. A 2024/25 Global Entrepreneurship Monitor (GEM) report found that the number of newly founded businesses surged by about 25% year-on-year to a record high. Remarkably, 43 of every 100 start-ups launched in 2024 were founded or co-founded by women – an unprecedented share that reflects growing diversity in the country’s start-up ecosystem.
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