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.

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Germany Industrial Production MoM


Calendar GMT Actual Previous Consensus TEForecast
2021-07-07 06:00 AM May -0.3% -0.3% 0.5% 0.7%
2021-08-06 06:00 AM Jun -1.3% -0.8% 0.5% 0.5%
2021-09-07 06:00 AM Jul 1% -1% 0.9% 1%
2021-10-07 06:00 AM Aug -4% 1.3% -0.4% -0.6%
2021-11-05 07:00 AM Sep -4%
2021-12-07 07:00 AM Oct


News Stream
German Industrial Output Drops More than Expected
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.
2021-10-07
Germany Industrial Output Recovers in July
Industrial production in Germany increased 1% mom in July of 2021, rebounding from a downwardly revised 1% drop in June and slightly more than forecasts of 0.9%. It is the first increase in industrial output in 4 months after supply bottlenecks hurt the industrial sector. Increases were seen in production of capital goods (3.2%), consumer goods (0.9%) and construction (1.1%) while production declined for intermediate goods (-0.5%) and energy (-3.2%). Compared to February 2020, the month before coronavirus restrictions were introduced, production was 5.5% lower.
2021-09-07
German Industrial Output Unexpectedly Drops in June
Germany's industrial production fell by 1.3 percent from a month earlier in June 2021, a third consecutive month of contraction and compared with market expectations of a 0.5 percent growth. The latest reading added to signs that recovery is slowing in Europe's biggest economy, as supply bottlenecks for intermediate goods continued to weigh on production. Output was down for intermediate (-0.9 percent) and capital goods (-2.9 percent), as well as construction (-2.6 percent) and energy (-0.6 percent). Meanwhile, production of consumer goods increased by 3.4 percent. Considering Q2 as a whole, industrial output shrank 0.6 percent from the previous period, with the automotive industry reporting a drop of 11.2 percent.
2021-08-06
German Industrial Output Unexpectedly Falls
Germany's industrial output dropped by 0.3 percent for a second consecutive month in May 2021, missing market expectations of a 0.5 percent growth mostly due to semiconductor delivery problems. The biggest drag was the production of capital goods (-3.4 percent) with car manufacturing slumping 7.2 percent followed by energy (-2.1 percent). By contrast, there were increases in the production of consumer goods (4.1 percent), intermediate goods (0.6 percent), and construction (1.3 percent). On a yearly basis, industrial output grew by 17.3 percent in May, following a record 27.6 percent jump in April, due to the low base effect and as the economy consolidated its recovery from the pandemic hit. Compared with February 2020, the month before restrictions were imposed due to the coronavirus outbreak, production in May 2021 was 5 percent lower.
2021-07-07

Germany Last Unit Reference Previous Highest Lowest
Industrial Production Mom -4.00 percent Aug/21 1.30 9.40 -18.20
Industrial Production 1.70 percent Aug/21 6.00 27.60 -25.00
Manufacturing Production 2.10 percent Aug/21 6.50 35.00 -30.30
Factory Orders -7.70 percent Aug/21 4.90 28.60 -27.30
Changes in Inventories 5.06 EUR Billion Jun/21 6.92 11.57 -15.15
Bankruptcies 1200.00 Companies Jul/21 1197.00 3755.00 416.00
Mining Production -1.60 percent Aug/21 -0.50 46.60 -30.40


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.