Germany's industrial production rose by 2.5 percent from a month earlier in March 2021, following two months of near 2 percent declines and beating market expectations of a 2.3 percent growth. It was the largest output increase since last October, boosted by the production of intermediate (1.2 percent) and consumer goods (2.9 percent), as well as energy output (2.4 percent) and construction activity (10.8 percent). On the other hand, the production of capital goods decreased by 0.4 percent. Compared with February 2020, the month before restrictions were imposed due to the coronavirus outbreak, production was 4.3 percent lower. source: Federal Statistical Office
Industrial Production Mom in Germany averaged 0.07 percent from 1991 until 2021, reaching an all time high of 9.40 percent in June of 2020 and a record low of -18.20 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 May of 2021.
Industrial Production Mom in Germany is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Germany to stand at 0.80 in 12 months time. In the long-term, the Germany Industrial Production MoM is projected to trend around 0.40 percent in 2022 and 0.50 percent in 2023, according to our econometric models.