Germany Industrial Production Mom

Last Release

Dec 31, 2024

Actual

-2.4

Units In

1.5

Frequency

Monthly

Next Release

Mar 10, 2025

Time to Release

27 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
9.7 Jun 2020	-18.4 Apr 2020	0.03 %	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 declined by 2.4% month-over-month in December 2024, reversing a downwardly revised 1.3% growth in the previous month and surpassing market forecasts of a 0.6% drop. It was the steepest decrease since July, dragged by lower output from the automotive industry (-10.0%), and machine maintenance and assembly (-10.5%). By contrast, production rose robustly in the pharmaceutical industry (11.6%). Production contracted for capital goods (-4.7%) and intermediate goods (-3.3%) but rose for consumer goods (0.9%). Meanwhile, output in energy-intensive industrial branches declined by 3.1%. On a less volatile three-month-on-three-month basis, production dropped by 0.9% in October to December from the prior three months. On an annual basis, industrial production shrank by 3.1% in December, accelerating from the prior 2.8% fall.