0.4% may not seem like much, but under the dual debuffs of Iran's war and surging energy prices, turning positive is truly a lifesaver for the construction industry.

CoinWorld News, since the outbreak of war in Iran, Germany's industrial production has achieved its first growth, bringing hope to Europe's largest economy which is experiencing the impact of soaring energy prices. Data released by the Federal Statistical Office on Tuesday shows that industrial output in April increased by 0.4% month-on-month, mainly driven by the construction sector. March's data was revised upward and now shows a slight decline of 0.1%, rather than the initially reported decline of 0.7%. Meanwhile, both exports and imports in April unexpectedly increased. These figures contrast with earlier more pessimistic numbers. The data suggest that even before the full impact of the Middle East conflict became apparent, the German economy was already showing signs of potential weakness. Monday's data indicated that factory orders in April fell more than expected, with notable declines in the automotive and electrical equipment sectors.