Germany Industrial production April 2022

Germany

Germany: Industrial output rebounds in April

June 10, 2022

On a seasonally-adjusted monthly basis, industrial production rose 0.7% in April (March: -3.7% mom). The print reflected growth in the production of capital and intermediate goods, while energy output skyrocketed. On the other hand, production of consumer goods and output in the construction sector fell.

Industrial output fell 2.2% year on year in working-day adjusted terms in April (March: -3.1% yoy). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 1.6% in April, from March's 3.6% reading.

Panelists polled by FocusEconomics expect industrial production to increase 1.1% in 2022. For 2023, the panel sees industrial production expanding 2.2%.


Author:, Economist

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Germany Industrial production Chart


Germany Industry April 2022

Note: Month-on-month changes of seasonally adjusted industrial production and annual growth rate in %.
Source: Federal Statistics Office (Destatis).


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