Industrial production in Germany fell 0.3% month-over-month in July of 2022, following an upwardly revised 0.8% rise in June, and compared to forecasts of a 0.5% drop. Output went down for consumer (-2.4%) goods, namely non-durable (-3%) which includes the food industry; capital (-0.8%) and intermediate goods (-0.6%). Outside industry, production went up for energy (2.8%) and construction (1.4%). Year-on-year, industrial production went down 1.1%. Industrial production in Germany is still affected by an extreme shortage of intermediate products while supply chains are interrupted because of the war in Ukraine and distortions persist that have been caused by the Covid-19 crisis. 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 September 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.