In June, industrial production fell a seasonally and working-day adjusted 1.1% over the previous month, which reversed the revised 0.9% increase observed in May (previously reported: +1.2% month-on-month) and fell short of market expectations that had anticipated industrial output would remain flat. On a yearly basis, industrial output grew 6.7% in June, slower than the 7.2% expansion tallied in May. The June fall mainly reflected a sharp contraction in construction activity (May: -0.2% mom; June: -4.5% mom). In addition, manufacturing fell 1.0% over the previous month, contrasting a 1.5% increase in May. As a result of the monthly deterioration, the trend suggests that the industrial sector has passed its growth peak in March, with annual average growth in industrial output edging down from 10.9% in May to 10.6% in June.
Industrial output falls more than expected in June
August 5, 2011
Looking for forecasts related to Industry in Germany? Download a sample report now.
Germany Economic News
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.
September 26, 2016
German businesses turned much more optimistic in September.