Germany’s industrial output decreased 0.5% month-on-month in January 2026, easing from a downwardly revised 1.0% fall in the previous month but against market expectations of a 0.9% rise. This marked the second consecutive monthly drop, primarily due to lower output for fabricated metal products, except machinery and equipment (-12.4%), pharmaceutical products (-11.9%), and computer, electronic and optical products (-6.8%). However, these declines were partly offset by an increase in energy production (10.3%), linked to colder temperature during the month. Construction output also went up (2.9%). Excluding energy and construction, industrial output fell 2.5%, amid decreases in the production of consumer goods (-4.2%), intermediate goods (-2.6%), and capital goods (-1.6%). In the less volatile three-month comparison, activity from November to January rose 0.9%. On an annual basis, industrial production declined 1.2%, following a revised 0.4% gain in December. source: Federal Statistical Office
Industrial Production in Germany decreased 0.50 percent in January of 2026 over the previous month. Industrial Production Mom in Germany averaged 0.04 percent from 1991 until 2026, reaching an all time high of 10.00 percent in June of 2020 and a record low of -18.20 percent in April of 2020. 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. Germany Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Industrial Production in Germany decreased 0.50 percent in January of 2026 over the previous month. Industrial Production Mom in Germany is expected to be -0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Industrial Production MoM is projected to trend around 0.20 percent in 2027 and 0.30 percent in 2028, according to our econometric models.