Industrial production in Germany fell 4% mom in August of 2021, reversing from an upwardly revised 1.3% rise in July and worse than forecasts of a 0.4% drop as supply chain disruptions continue to hit the auto sector. Decreases were seen in production of capital goods (-7.8%), consumer goods (-2.6%), construction (-3.1%) and intermediate goods (-2.4%). Meanwhile, energy production was up (4.1%). Compared to February 2020, the month before coronavirus restrictions were introduced, production was 9.0% lower. source: Federal Statistical Office
Industrial Production Mom in Germany averaged 0.06 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 October of 2021.
Industrial Production Mom in Germany is expected to be 0.60 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 0.40 percent in 2022 and 0.50 percent in 2023, according to our econometric models.