Germany Changes in Inventories - Forecast

Changes in Inventories in Germany is expected to be -5.52 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Germany to stand at -4.50 in 12 months time. In the long-term, the Germany Changes in Inventories is projected to trend around -4.35 EUR Billion in 2020, according to our econometric models.


Germany Changes in Inventories
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Germany Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 102 102 104 103 103 100
Services PMI 53.9 53 52.6 54.9 54.6 53.3
Manufacturing PMI 55.9 55.9 54.9 56.3 55.9 54.9
Composite Pmi 54.2 54.2 53.6 55.9 55.5 53.1
Industrial Production 2 3.2 3 2.5 2.9 2.2
Industrial Production Mom -1 0.4 -0.7 0.9 -0.3 0.6
Manufacturing Production 2.1 3.1 2.8 2.6 3 2.4
Capacity Utilization 87.7 86.4 86.8 86.8 86.7 86.2
New Orders 106 111 115 116 117 121
Factory Orders -2.5 1 -1.7 0.6 -0.6 0.6
Changes in Inventories -5.9 -5.52 -5.1 -5.66 -4.5 -4.35
Bankruptcies 1788 1890 1800 1830 1890 1750
Corporate Profits 195 205 207 211 214 235
Zew Economic Sentiment Index -16.1 -7.4 17.5 19.1 15.6 25
Car Production 442800 522000 545000 375000 572000 393000
Car Registrations 305057 325000 308000 269000 368000 287000
Internet Speed 15299 16309 16496 16819 17001 18203
IP Addresses 38794861 42257710 42402709 43368195 43415303 48098428
Mining Production -9.3 1.5 1.7 1.6 1.8 1.9
Steel Production 3775 3720 3280 3010 3900 3050
Competitiveness Index 5.65 5.65 5.65 5.65 5.76 5.87
Competitiveness Rank 5 5 5 5 4 3
Corruption Index 81 82 82 82 83 84
Corruption Rank 12 11 11 11 10 9
Ease of Doing Business 20 19 19 19 18 17