Industrial production in Germany edged up 0.2% mom in May of 2022, slowing sharply from an upwardly revised 1.3% rise in April, as a big shortage of primary products and supply chain constraints caused by the war in Ukraine and lockdowns in China continue to weigh on production. Figures compare with market forecasts of 0.4%. Production of capital goods jumped 2.2% and the construction sector edged 0.4% higher. On the other hand, declines were seen in consumer (-0.9%) and intermediate goods (-0.4%) and the energy output sank 5.8%. Year-on-year, industrial production dropped 1.5%. source: Federal Statistical Office
Industrial Production Mom in Germany averaged 0.06 percent from 1991 until 2022, reaching an all time high of 9.80 percent in June of 2020 and a record low of -18.10 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 July of 2022.
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 0.30 percent in 2023 and 0.40 percent in 2024, according to our econometric models.