FRANKFURT — Industrial production in Germany, Europe’s biggest economy, rebounded powerfully in August after a post-Brexit tumble in July, official data showed on Friday.British manufacturers also staged a rebound from the Brexit shock, but a more modest one than their German counterparts.Production in Germany was 2.5% higher in August than in the previous month, corrected for price, seasonal, and calendar effects, the federal statistics office Destatis said.Analysts surveyed by Factset had predicted an increase of just 1%.Industrial companies drove the increase, growing by 3.3% overall, while energy saw a slight gain of 1.1% and construction fell by 1.2%.Looking more closely at industry, there was a 1.6% increase in producer goods, a 4.7% increase in capital goods, and a 3.3% increase in consumer goods.In the UK, output rose 0.2% in August, less than the 0.4% predicted in a Bloomberg survey, Office for National Statistics data published Friday show. It followed a 0.9% drop in July ...
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