Industrial production in Germany unexpectedly rose by 0.4% mom in June of 2022, beating market forecasts of a 0.3% fall and following a revised 0.1% decline a month earlier. The rebound came amid the relaxation of COVID-19 curbs in China and despite lingering supply chain issues due to the prolonged war in Ukraine, with the production of capital goods gaining 1.0% while construction activity fell 0.8%. Meantime, there were rises in the output of consumers (1.1%) and intermediate goods (0.3%), as did energy (0.4%). Year-on-year, industrial production dropped by 0.5%. source: Federal Statistical Office
Industrial Production Mom in Germany averaged 0.07 percent from 1991 until 2022, reaching an all time high of 9.80 percent in June of 2020 and a record low of -18.10 percent in April of 2020. This page provides the latest reported value for - Germany Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Production Mom in Germany is expected to be -0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Industrial Production MoM is projected to trend around 0.30 percent in 2023 and 0.40 percent in 2024, according to our econometric models.