Germany’s industrial production slumped 3.5 percent from the previous month in December 2019, down from an upwardly revised 1.2 percent rise in the previous month and compared with market expectations of a 0.2 percent fall. It was the biggest decline in industrial activity since January 2009. Within industry, capital goods output led the decline (-3.5 percent), followed by intermediate goods (-2.6 percent) and consumer goods (-2.0 percent). Outside of industry, construction output dropped 8.7 percent while energy production was up by 2 percent.

Industrial Production Mom in Germany averaged 0.06 percent from 1991 until 2019, reaching an all time high of 4 percent in August of 1993 and a record low of -6.90 percent in January of 2009. This page provides the latest reported value for - Germany Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Federal Statistical Office

Industrial Production Mom in Germany is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Germany to stand at 0.60 in 12 months time. In the long-term, the Germany Industrial Production MoM is projected to trend around 0.50 percent in 2021, according to our econometric models.


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Germany Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 1.20 4.00 -6.90 1991 - 2019 percent Monthly
2015=100, SWDA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-07 07:00 AM Sep -0.6% 0.4% -0.4% -0.4%
2019-12-06 07:00 AM Oct -1.7% -0.6% 0.1% 0.3%
2020-01-09 07:00 AM Nov 1.1% -1.0% 0.7% 1%
2020-02-07 07:00 AM Dec -3.5% 1.2% -0.2% -0.4%
2020-03-09 07:00 AM Jan -3.5%
2020-04-07 06:00 AM Feb
2020-05-07 06:00 AM Mar -0.4%
2020-06-08 06:00 AM Apr


News Stream
German Industrial Output Falls the Most in 11 Years
Germany’s industrial production slumped 3.5 percent from the previous month in December 2019, down from an upwardly revised 1.2 percent rise in the previous month and compared with market expectations of a 0.2 percent fall. It was the biggest decline in industrial activity since January 2009. Within industry, capital goods output led the decline (-3.5 percent), followed by intermediate goods (-2.6 percent) and consumer goods (-2.0 percent). Outside of industry, construction output dropped 8.7 percent while energy production was up by 2 percent.
2020-02-07
German Industrial Output Rises the Most in 1-1/2 Years
Germany's industrial production rose by 1.1 percent month-over-month in November 2019, beating market expectations of a 0.7 percent growth and following a revised 1 percent fall in the previous month. This marked the steepest increase in industrial output since May 2018, boosted by production of capital goods (2.4 percent), consumer goods (0.5 percent) and construction (2.6 percent). In contrast, production fell for both energy (-0.8 percent) and intermediate goods (-0.5 percent). Year-on-year, industrial output shrank 2.6 percent in November, after a revised 4.6 percent contraction in October.
2020-01-09
German Industrial Output Falls Unexpectedly
Germany's industrial production unexpectedly dropped by 1.7 percent month-over-month in October 2019, missing market expectations of a 0.1 percent growth and following a 0.6 percent fall in the previous month. This marked the steepest decrease in industrial output since April, as production fell for capital goods (-4.4 percent), and construction (-2.8 percent). In contrast, production rose for energy (2.3 percent), intermediate goods (1 percent) and consumer goods (0.3 percent). Year-on-year, industrial output shrank 5.3 percent in October, after a revised 4.5 percent contraction in September.
2019-12-06
German Industrial Output Falls More than Forecast
Germany's industrial production dropped by 0.6 percent month-over-month in September 2019, following an upwardly revised 0.4 percent growth in the previous month and compared to market consensus of a 0.4 percent fall. Capital goods output led the decline (-1.5 percent), followed by intermediate goods (-1.3 percent) and consumer goods (-0.5 percent). In contrast, energy production was up by 2 percent and construction output increased 1.8 percent. Year-on-year, industrial output shrank 4.3 percent in September, after a revised 3.9 percent contraction in August.
2019-11-07

Germany Industrial Production MoM
In Germany, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 79 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). Construction accounts for 11 percent of total output; and energy production accounts for 10 percent.