Industrial production in Germany unexpectedly edged down 0.2% mom in November of 2021, following a downwardly revised 2.4% rise in October and compared to market forecasts of a 1% jump, suggesting the industrial recovery remains very fragile and that supply constraints and shortages of raw materials continue to weigh. The output for capital goods declined 0.6%, mainly due to a 3.6% drop in the manufacture of machinery and equipment while production of motor vehicles, trailers and semi-trailers rose 4.1%. Also, production of intermediate goods and consumer goods increased by 0.8% each. Outside of industry, energy production was down by 4.4% and production in construction decreased by 0.8%. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic, production was 7% 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 -18.30 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 January of 2022.

Industrial Production Mom in Germany is expected to be 0.80 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 2023 and 0.50 percent in 2024, according to our econometric models.

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Germany Industrial Production MoM


Germany Industrial Production MoM
In Germany, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 79 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). Construction accounts for 11 percent of total output; and energy production accounts for 10 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 2.40 9.40 -18.30 1991 - 2021 percent Monthly
2015=100, SWDA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-07 07:00 AM Oct 2.8% -0.5% 0.8% 1.2%
2022-01-07 07:00 AM Nov -0.2% 2.4% 1% 0.9%
2022-02-07 07:00 AM Dec -0.2% 0.6%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 2.40 percent Nov/21
Industrial Production -2.40 -0.90 percent Nov/21
Manufacturing Production -2.40 -1.30 percent Nov/21
Factory Orders 3.70 -5.80 percent Nov/21
Changes in Inventories 5.80 5.06 EUR Billion Sep/21
Bankruptcies 1056.00 1045.00 Companies Oct/21
Mining Production -1.50 2.70 percent Nov/21


News Stream
Germany Industrial Output Unexpectedly Contracts
Industrial production in Germany unexpectedly edged down 0.2% mom in November of 2021, following a downwardly revised 2.4% rise in October and compared to market forecasts of a 1% jump, suggesting the industrial recovery remains very fragile and that supply constraints and shortages of raw materials continue to weigh. The output for capital goods declined 0.6%, mainly due to a 3.6% drop in the manufacture of machinery and equipment while production of motor vehicles, trailers and semi-trailers rose 4.1%. Also, production of intermediate goods and consumer goods increased by 0.8% each. Outside of industry, energy production was down by 4.4% and production in construction decreased by 0.8%. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic, production was 7% lower.
2022-01-07
Germany Industrial Output Rises the Most in a Year
Industrial production in Germany increased 2.8% mom in October of 2021, following a downwardly revised 0.5% fall in September and well above market forecasts of a 0.8% rise. Production of capital goods jumped 8.2% and motor vehicles, trailers and semi-trailers was up by 12.6%. Outside industry, energy rose 0.9% and construction 1.2%. On the other hand, the output for intermediate goods decreased by 0.4% and consumer goods edged down 0.1%. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic in Germany, production in October 2021 was 6.5% lower.
2021-12-07
Germany Industrial Output Unexpectedly Shrinks
Industrial production in Germany declined 1.1% mom in September of 2021, following a 3.5% drop in August and compared to market forecasts of a 1% rise, as supply bottlenecks and shortages of raw materials continue to weigh. Falls were seen in production of capital goods (-2.8%) and intermediate goods (-1.1%) which offset increases in the output for automotive and automotive parts (2.1%) and consumer goods (0.2%). Outside industry, energy production was 1% higher than in the previous month and construction output went up 1.1%. Compared to February 2020, the month before the start of the coronavirus restrictions in Germany, industrial production was 9.5% lower.
2021-11-05