Brandenburg Gate in Berlin, Germany

Germany Industrial production March 2023

Germany: Industrial output grows at weakest rate in a year in March

Industrial output declined 3.4% in month-on-month terms in March, which contrasted February’s 2.1% increase. The outturn marked the worst reading since March 2022. March’s notable weakening was largely driven by a deterioration in the output of manufacturing, construction and mining and quarrying. Meanwhile, energy production gained pace.

On an annual basis, factory output rose 1.8% in March, which was better than February’s 0.7% expansion. Accordingly, the trend improved significantly, with the annual average variation of industrial production coming in at minus 0.4%, up from February’s minus 1.0%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest