German industrial production dropped 2.5% month-over-month in September 2024, exceeding the expected 1% fall and following a 2.9% growth in the previous period. The decline was mainly attributed to the negative contribution in most sectors of the manufacturing industry, particularly the automotive industry (-7.8%). At the same time, production in energy-intensive industries declined by 3.3%, largely due to a downturn in the chemical sector. The less volatile three-month-on-three-month comparison showed that production was 2.2% lower from July to September compared to the prior three months. On a yearly basis, industrial output sank by 4.6%, slipping further from a 3% decline in August. source: Federal Statistical Office

Industrial Production in Germany decreased 2.50 percent in September of 2024 over the previous month. Industrial Production Mom in Germany averaged 0.05 percent from 1991 until 2024, 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 November of 2024.

Industrial Production in Germany decreased 2.50 percent in September of 2024 over the previous month. Industrial Production Mom in Germany is expected to be 1.70 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 -0.50 percent in 2025 and 0.30 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-08 06:00 AM
Industrial Production MoM
Aug 2.9% -2.9% 0.8% 1.0%
2024-11-07 07:00 AM
Industrial Production MoM
Sep -2.5% 2.9% -1% -0.5%
2024-12-06 07:00 AM
Industrial Production MoM
Oct -2.5%


Related Last Previous Unit Reference
Bankruptcies 1764.00 1937.00 Companies Aug 2024
Changes in Inventories -1.25 -6.22 EUR Billion Jun 2024
Factory Orders MoM 4.20 -5.40 percent Sep 2024
Industrial Production -4.60 -3.00 percent Sep 2024
Industrial Production MoM -2.50 2.90 percent Sep 2024
Manufacturing Production -5.20 -3.20 percent Sep 2024
Mining Production -5.60 -4.10 percent Sep 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.50 2.90 10.00 -18.20 1991 - 2024 percent Monthly
SWDA


News Stream
German Industrial Output Drops More than Expected
German industrial production dropped 2.5% month-over-month in September 2024, exceeding the expected 1% fall and following a 2.9% growth in the previous period. The decline was mainly attributed to the negative contribution in most sectors of the manufacturing industry, particularly the automotive industry (-7.8%). At the same time, production in energy-intensive industries declined by 3.3%, largely due to a downturn in the chemical sector. The less volatile three-month-on-three-month comparison showed that production was 2.2% lower from July to September compared to the prior three months. On a yearly basis, industrial output sank by 4.6%, slipping further from a 3% decline in August.
2024-11-07
German Industrial Output Rises More than Expected
German industrial production expanded by 2.9% month-over-month in August 2024, surpassing market estimates of 0.8% growth, and recovering from an upwardly revised 2.9% decline in the prior month, marking the fastest pace since October 2021. The latest figure was mainly boosted by a sharp rebound in the automotive industry, notably motor vehicles, trailers, and semi-trailers (19.3% vs -8.2% in July). Also, energy production advanced 2.3% and construction activity rose 0.3%. Additionally, the output of capital goods increased (6.9%) while intermediate goods rose slightly (0.1%), and consumer goods remained unchanged. The less volatile three-month-on-three-month comparison showed that production was 1.3% lower in the period from June to August 2024 than in the previous three months. On a yearly basis, industrial output fell by 2.7% in August, which was much less severe than the 5.6% decline recorded in July.
2024-10-08
German Industrial Output Falls More than Expected
German industrial production shrank by 2.4% month-over-month in July 2024, compared with market estimates of a 0.3% fall and after an upwardly revised 1.7% growth in the prior month. It was the third time of decline year to date, mainly dragged by the automotive industry (-8.1%), the manufacture of electrical equipment (-7.0%), and fabricated metal products (-3.8%). Production in manufacturing, which excludes energy and construction, contracted 3.2%. Also, energy production slipped 1.9%. By contrast, construction activity rose by 0.3%. At the same time, the output of capital goods were lower (-4.2%), as did intermediate ones (-2.8%) and consumer goods(-1.2%). The less volatile three-month-on-three-month comparison showed that production was 2.7% lower in the period from May to July 2024 than in the previous three months. Yearly, industrial output declined by 5.3% in July, much steeper than a 3.7% fall in June.
2024-09-06