Industry in Germany
Germany - Industry
Industrial output rebounds in May
Industrial production rose 7.8% calendar-adjusted month-on-month basis in May (April: -17.5% mom). The figure marked the best result on record.
The upturn was largely driven by a surge in capital goods production. While consumer goods output also expanded, intermediate goods production decreased slightly. Lastly, the construction sector and energy output gained pace.
On an annual basis, factory output dived 19.3% in May, a less pronounced decrease than April’s 25.0% fall. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 7.2%, down from April's minus 6.0%.
Panelists polled by FocusEconomics expect industrial production to drop 11.3% in 2020, which is down 1.8 percentage points from last month’s forecast. For 2021, the panel sees industrial production expanding 5.5%.
Germany - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 0.9 | 1.8 | 3.3 | 0.9 | -3.1 |
Germany Industry Chart
Source: Federal Statistics Office and FocusEconomics calculations
Germany Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.19 | 0.41 % | Jan 01 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Germany: Harmonized inflation comes in at highest level since our records began
May 12, 2022
Harmonized consumer prices rose 0.69% in April over the previous month, below the 2.47% rise recorded in March.
-
Germany: Industrial output dives in March
May 6, 2022
On a seasonally-adjusted monthly basis, industrial production dived 3.9% in March (February: +0.1% mom).
-
Germany: Merchandise exports rise at a milder pace in March
May 4, 2022
Merchandise exports dropped 3.3% over in the previous month March (February: +6.2% year-on-year).
-
Germany: Economy returns to growth in Q1, but storm clouds have gathered on the horizon
April 29, 2022
The economy rebounded in the opening quarter of the year, with GDP increasing 0.2% quarter on quarter on a seasonally- and calendar-adjusted basis.
-
Germany: Harmonized inflation increases in April
April 28, 2022
Harmonized consumer prices increased 0.69% over the previous month in April, down from the 2.47% increase logged in March.
© Copyright: 2022. | Germany Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
