Germany Industrial Production Mom

Last Release

Nov 30, 2024

Actual

1.5

Units In

-1

Frequency

Monthly

Next Release

Feb 07, 2025

Time to Release

27 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
9.7 Jun 2020	-18.4 Apr 2020	0.04 %	1991-2024	Federal Statistical Office

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.

Latest Updates

Industrial production in Germany increased 1.5% month-over-month in November 2024, following an upwardly revised 0.4% fall in October and much better than market forecasts of a 0.5% gain. Gains were seen across various sectors, including energy production (5.6%), construction (2.1%) and the manufacture of aircraft, ships, trains, military vehicles (11.4%). Production went up for capital goods (1.4%), consumer goods (0.9%) and intermediate goods (0.5%). Notably, production in energy-intensive industrial branches grew by 1.5%. However, on a less volatile three-month-on-three-month basis, production fell by 1.1% in September-November 2024 compared to the previous three months. Year-on-year, industrial production declined 2.8%, extending the 4.2% drop in October.