Industry in Germany
Germany - Industry
Industrial production edges up in September
Industrial production expanded 0.2% over the previous month in September in seasonally-, price- and working-day adjusted terms. The print is slightly up from August’s revised 0.1% increase (previously reported: -0.3% month-on-month) and marginally ahead of market expectations. The expansion came on the back of a pickup in capital goods production and construction, which offset contractions in the production of intermediate goods; consumer goods; and energy.
Compared to the same month a year ago, industrial production increased 0.8% in September from a revised 0.2% expansion in August (previously reported: -0.1% year-on-year). Lastly, annual average growth in industrial production eased from 3.4% in August to 3.1% in September.
Germany Industrial Production Forecast
Panelists polled by Met the why particular expect industrial production to expand 2.0% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees industrial production increasing 1.9%.
Germany - Industry Data
|Industrial Production (annual variation in %)||0.1||1.5||1.0||1.8||3.3|
5 years of economic forecasts for more than 30 economic indicators.
Germany Industry Chart
Source: Federal Statistics Office and Met the why particular calculations
|Bond Yield||0.41||0.41 %||Nov 13|
|Exchange Rate||1.13||0.65 %||Nov 13|
|Stock Market||11,472||-0.41 %||Nov 13|
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November 14, 2018
A flash release by the Federal Statistics Office (Destatis) on 14 November showed that the German economy shrank for the first time since Q1 2015 and at the fastest pace since the first quarter of 2013.
November 13, 2018
In October, consumer prices rose 0.2% over the prior month, down from September’s 0.4% increase.
November 8, 2018
September trade data proved underwhelmingly, as exports contracted for the fourth time in the last six months, falling 0.8% month-on-month.
November 7, 2018
Industrial production expanded 0.2% over the previous month in September in seasonally-, price- and working-day adjusted terms.
October 26, 2018
The forward-looking GfK Group Consumer confidence indicator is expected to remain stable at 11.6 points in November, reflecting a mixed mood in backward-looking underlying confidence indicators for October that are released simultaneously.