Norway: Industrial output deteriorates in July
Industrial output dropped 3.8% in month-on-month seasonally adjusted terms in July, which contrasted June’s 7.7% increase. July’s result marked the...
Industrial Production in Germany
Over the past decade until 2022, Germany's industrial production grew on average by 0.1%, below the Euro Area average of 1.1%. In 2022, Germany's industrial production growth was -0.5%. For more industry information, visit our dedicated page.
Germany Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Germany from 2014 to 2023.
Source: Macrobond.
Germany Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -2.3 | -7.7 | 3.6 | -0.6 | -1.7 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German industry projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for German industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German industry projections.
Want to get access to the full dataset of German industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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