Industrial production · Germany

Germany Industrial Production MoM

The Germany Industrial Production MoM measures the output of factories, mines and utilities in Germany (or of one industry).

Importancia
Medium
Publicado
Monthly
Próxima publicación
Divisa
EUR · euro
Banco central
The European Central Bank (with the Bundesbank)
Mueve
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Últimas cifras

El último dato, de SEP, se publicó el 2026-11-06 y fue 0.7%. Está por encima del consenso de 0%. Es menos que 1% la vez anterior (revisado).

A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.

En las últimas 12 publicaciones osciló entre -1.9% y 2.0%, con una media de 0.2%.

Dec 2025: 1.8%Jan 2026: 0.8%Feb 2026: -1.9%Mar 2026: -0.5%Apr 2026: -0.3%May 2026: -0.7%Jun 2026: 0.4%Jul 2026: 0.9%Aug 2026: 0.2%Sep 2026: -1.1%Oct 2026: 2%Nov 2026: 0.7% Dec 2025Nov 2026
Resultados reales; la línea corta sobre una barra marca el consenso.
PublicadoParaRealConsensoAnterior
6 Nov 2026SEP0.7%0%1% ®
7 Oct 2026AUG2%0.5%-1.2% ®
7 Sep 2026JUL-1.1%0.1%0.0% ®
7 Aug 2026JUN0.2%0.1%0.7% ®
7 Jul 2026MAY0.9%0.2%0.2% ®
9 Jun 2026APR0.4%0.4%-0.1% ®
8 May 2026MAR-0.7%0.5%-0.5% ®
9 Apr 2026FEB-0.3%0.9%0.0% ®
9 Mar 2026JAN-0.5%0.9%-1% ®
6 Feb 2026DEC-1.9%-0.3%0.2% ®
9 Jan 2026NOV0.8%-0.4%2% ®
8 Dec 2025OCT1.8%-0.4%1.1% ®

Verlo en el calendario económico →

Por qué importa

Industry is a smaller share of output than services in most rich economies but it is far more cyclical and reacts first to global demand. Strong production supports growth estimates; capacity utilisation near its limits points to inflation pressure.

Cómo se calcula

the Federal Statistical Office (Destatis) combines physical output and deflated sales data for many industries into a volume index, adjusted for working days and seasons. Capacity utilisation divides output by estimated maximum output.

Change (mom) = index ÷ last month's index − 1
Capacity utilisation = output ÷ capacity × 100

Qué significan los cambios

  • Monthly changes are noisy (weather, holidays, strikes); compare with the year-on-year rate.
  • In Germany, Japan, Korea and China industry carries more weight for the currency.

Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.

Menor de lo esperado: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.

Una breve historia

The US Federal Reserve has published its industrial production index since 1919; it is one of the series used to date US business cycles.

Preguntas

What is the Germany Industrial Production MoM?

The Germany Industrial Production MoM measures the output of factories, mines and utilities in Germany (or of one industry).

What was the latest Germany Industrial Production MoM?

0.7% for SEP, published on 6 November 2026 (consensus 0%, previous 1%).

When is the next Germany Industrial Production MoM?

On Tuesday 8 December 2026 at 07:00 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.