Industrial production in Germany went up 0.3% month-over-month in April 2023, recovering from a downwardly revised 2.1% drop in March but less than market forecasts of a 0.6% rise. The growth was driven by the rebound in construction (2% vs -2.9% in March) and the increases in manufacturing of basic pharmaceutical products & pharmaceutical preparations (6.4%) and consumer goods (1.5%). However, it was partially offset by the decrease in production of motor vehicles and parts (-0.8%), engineering (-0.5%), capital goods (-0.3%), intermediate goods (-0.2%), and energy (-1.5%). Excluding energy and construction, industrial output rose 0.1%. On an annual basis, industrial production added 1.6%, slowing from a 2.3% jump in March. source: Federal Statistical Office

Industrial Production Mom in Germany averaged 0.07 percent from 1991 until 2023, reaching an all time high of 9.80 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 June of 2023.

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. In the long-term, the Germany Industrial Production MoM is projected to trend around 0.40 percent in 2024 and 0.50 percent in 2025, according to our econometric models.

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Germany Industrial Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-05-08 06:00 AM Mar -3.4% 2.1% -1.3% 0.7%
2023-06-07 06:00 AM Apr 0.3% -2.1% 0.6% 0.9%
2023-07-07 06:00 AM May 0.3%


Related Last Previous Unit Reference
Industrial Production Mom 0.30 -2.10 percent Apr 2023
Industrial Production 1.60 2.30 percent Apr 2023
Manufacturing Production 2.60 4.10 percent Apr 2023
Factory Orders -0.40 -10.70 percent Apr 2023
Changes in Inventories 18.75 23.20 EUR Billion Mar 2023
Bankruptcies 1362.00 1271.00 Companies Feb 2023
Mining Production -9.60 -12.90 percent Apr 2023

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
0.30 -2.10 9.80 -18.30 1991 - 2023 percent Monthly
2015=100, SWDA

News Stream
Germany Industrial Output Recovers in April
Industrial production in Germany went up 0.3% month-over-month in April 2023, recovering from a downwardly revised 2.1% drop in March but less than market forecasts of a 0.6% rise. The growth was driven by the rebound in construction (2% vs -2.9% in March) and the increases in manufacturing of basic pharmaceutical products & pharmaceutical preparations (6.4%) and consumer goods (1.5%). However, it was partially offset by the decrease in production of motor vehicles and parts (-0.8%), engineering (-0.5%), capital goods (-0.3%), intermediate goods (-0.2%), and energy (-1.5%). Excluding energy and construction, industrial output rose 0.1%. On an annual basis, industrial production added 1.6%, slowing from a 2.3% jump in March.
2023-06-07
Germany Industrial Output Falls More than Expected
Industrial production in Germany declined 3.4% month-over-month in March of 2023, reversing an upwardly revised 2.1% growth in February and worse than market forecasts of a 1.3% fall. The automotive sector was the biggest drag, with the manufacture of motor vehicles and parts sinking 6.5% after a 6.9% jump in February. Other decreases were also seen in the manufacture of machinery and equipment (-3.4%), construction (-4.6%), and production of capital goods (-4.4%), intermediate (-3.5%), and consumer goods (-0.1%). Energy output, however, rose 0.8%. Excluding energy and construction, industrial production fell by 3.3%. For the Q1 of 2023, production was 2.5% higher compared to the previous period.
2023-05-08
German Industrial Production Tops Estimates
Industrial production in Germany surged 2% month-over-month in February of 2023, beating market forecasts of a meagre 0.1% gain. Production in the automotive sector/vehicle manufacturing, which is the largest one in Germany, increased 7.6% and construction rose 1.5%. Industrial output went up for capital (3.4%), intermediate (1.8%) and consumer goods (1.4%). On the other hand, energy production fell 1.1%. Figures for January were also revised higher to show a 3.7% increase compared to an initial estimate of 3.5%. With the revision, industrial production since December 2022 rose by 5.8%, which more than compensated for the significant decline of 2.4% in December.
2023-04-06