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The German Engineering Federation maintains its forecast of 1% real output growth in 2026, with the industrys recovery depending on the situation in the Gulf region.Euro Stoxx 50 futures fell 1.33%, DAX futures fell 1.36%, and FTSE futures fell 0.44%.Germanys PPI rose 2.5% month-on-month in March, the largest increase since August 2022.Germanys PPI rose 2.5% month-on-month in March, below the expected 1.3% and the previous reading of -0.50%.Germanys March PPI rose 0.2% year-on-year, compared to a forecast of -0.5% and a previous reading of -3.30%.