Gustav-Stresemann-Ring 11 BERLIN, Nov 7 (Reuters) - German industrial production grew in September, official data showed on Monday, despite a fall in the energy-intensive industrial branches and ongoing delivery. Entry level access to the CEIC platform for individual users. Persons employed, 20.8% Industrial production grew 3.5 percent on a monthly basis to offset the revised 2.4 percent decline in December, data from Destatis revealed Wednesday. In the "EXDAT Experimental data section" we regularly publish new and innovative project results of the Federal Statistical Office. Jump to content Menu ENABLING YOU TO SHAPE A BETTER TOMORROW Insights. Total union membership reached 3.7 million in 1912, of which 2.5 million were affiliated with the socialist unions. Germany manufacturing output for 2020 was $727.55B, a 4.32% decline from 2019. Any modifications to the methods for estimating the output of an industry affected the index from 1972 to the present. We have a plan for your needs. Germany industrial production: -1.55 (-53.31%) Last Update: January 31, 2023 Germany industrial production closed down -1.55 as of January 31, 2023 from -3.32 from the previous month and 1.13 from last year. Manufacturing, value added (constant LCU), Manufacturing, value added (constant 2015 US$), Manufacturing, value added (annual % growth), Industry (including construction), value added (annual % growth), Industry (including construction), value added (% of GDP), Industry (including construction), value added (constant 2015 US$), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. In 2011, it was identified as one of the highest-priority manufacturing technology areas by the Federal German . This records an increase from the previous number of 100.400 2010=100 for 2020. More Citation Please cite this indicator as follows: The continued payment of wages in the event of illness is subject to statutory minimum standards, as are vacation leave and parental leave. Germany and U.S. 10-year government bond yields 2008-2022; AI-supported acoustic testing in production and development 18.04.2023 Smart Factory: MHP is a full-service provider for your digital Events 03.05.2023 Career Station . Germany DE: Industrial Production Index data is updated yearly, averaging 76.216 2010=100 from Dec 1958 to 2021, with 64 observations. The Danish port city of Esjberg commissioned MAN ES to implement two of their heat-pump units (HPU) to help decarbonize their heat supply. As of reference month October, truck toll mileage indices for the Lnder have also been available. Real GDP forecast, Annual growth rate (%), 2024, Household debt, % of net disposable income, 2021 The inflation rate thus declined once again in April 2023 (March 2023: +7.4% and February 2023: +8.7%). The Value of Data: Empowering People. The data is categorized under Global Databases Germany Table DE.IMF.IFS: Production Index: Annual. If you decline, your information wont be tracked when you visit this website. Infrastructures, Payments System Policy Advisory Committee, Finance and Economics Discussion Series (FEDS), International Finance Discussion Papers (IFDP), Estimated Dynamic Optimization (EDO) Model, Aggregate Reserves of Depository Institutions and the Due to its periodicity, its rapid availability and detailed breakdown by branches of economic activity, it is a central and up-to-date indicator of the development of business activity. Companies are increasingly turning to green technologies and alternative energy sources to improve their carbon footprint and increase their environmental sustainability. The Federal Government regulates this responsibility of companies for their international supply chains in a special law. Upgrade now. Sustainable and fair supply chains in the economy are an essential part of Germanys philosophy. Statistical information which reflects the effects of the pandemic is available on this special webpage of the Federal Statistical Office. For example, all companies with five or more employees have the right to elect a workers representative body, known as a works council. License : CC BY-4.0. These cookies are used to collect information about how you interact with our website and allow us to remember you. . (FFIEC), Securities Underwriting & Dealing Subsidiaries, Types of Financial System Vulnerabilities & Risks, Monitoring Risk Across the Financial System, Proactive Monitoring of Markets & Institutions, Responding to Financial System Emergencies, Regulation CC (Availability of Funds and Collection of The latter benefited from unusually mild weather in the month. Primary sources of the data are Federal Statistical Office (FSO) and the Land Statistical Offices. Key information about Germany Industrial Production Index Growth. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. Last week, a new German report showed a steep 6.8 percent decline in industrial production for December of 2019. This records an increase from the previous number of 100.400 2010=100 for 2020. Use this code to embed the visualisation into your website. Our Standards: The Thomson Reuters Trust Principles. 65189 Wiesbaden, This included two lockdowns, the temporary closure of borders with other countries and in part substantial restrictions on private and economic activities. Late-stage clinical biopharma company Acelyrin Inc said on Monday that it was seeking a valuation of up to $1.5 billion in its initial public offering in the United States that comes at a time when new listings are testing investors' appetite. For Germany as a major trading nation, the focus is also on responsibility within the supply chains. Staff expenditure. The index for utilities jumped 8.4percent, as the return to more seasonal weather after a mild February boosted the demand for heating. Available via annual subscription to one or more of CEICs global and premium databases. the United States, Structure and Share Data for U.S. Offices of Foreign This site uses cookies to optimize functionality and give you the best possible experience. Use this code to embed the visualisation into your website. Results concerning enterprises in structural business statistics are based on the common EU enterprise definition - as specified by the EU Regulation on statistical units - for the first time for reference year 2018. 227,082. Full and unlimited access to CEIC data for multiple users. All rights reserved, Unlimited access tailored to your data needs. Routing), Regulation HH (Financial Market Utilities), Federal Reserve's Key Policies for the Provision of 2. Back to: Economic sectors and enterprises, Statistisches Bundesamt You would like to receive regular information about Germany? Germany DE: Industrial Production Index data was reported at 105.161 2010=100 in 2021. There is no data available for your selected dates. Basic Info Germany Industrial Production Index MoM is at 2.00%, compared to 3.70% last month and 0.30% last year. Standard users can export data in a easy to use web interface or using an excel add-in. Infrastructures, International Standards for Financial Market 4 sectors dominate industry in Germany: the automotive, mechanical engineering, chemical and electrical industries. Fundamental company data (actuals, guidance) provided by Factset, Wall Street estimates provided by Factset, economic indicators (actuals and report dates) . Statistisches Bundesamt The Indian government's monthly goods and services tax (GST) collection rose 12% year-on-year to a record high in April of 1.87 trillion Indian rupees ($22.88 billion), a government statement said on Monday. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. The Federal Statistics Act is the basis of official statistics in Germany. The Federal Reserve, the central bank of the United States, A single cookie will be used in your browser to remember your preference not to be tracked. Sources : Wagenffiihr (1933), Hoffmann et al. That said, energy production contracted while output The data are presented in info charts and will be gradually supplemented and continuously updated. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. Industrial, Production or Mechanical Engineering student or equivalent. Industrial output dropped 0.2 percent month-on-month in November, reversing a 2.4 percent rise in October. Industrial enterprises which are included in the survey of the ifo Institute give a monthly statement if they have been affected by impediments to production caused by scarce raw materials and intermediate products. Income inequality, 0 = complete equality; 1 = complete inequality, latest available year, Mathematics performance (PISA), Mean score, 2018 CV up to 6t GVW Domestic production. Organisation for Economic. Still, industrial production is almost 4% below its pre-pandemic level. Stats Related Indicators Regulations in individual sectors are often negotiated between trade unions and employers associations and go beyond these legal requirements. See here for a complete list of exchanges and delays. In the past, it was referred to as the enterprise though, in the sense of the EU Regulation on statistical units, it was a legal unit. More data on industry and manufacturing are available from the GENESIS-Online database. Trade unions have a key role to play in the German economy. All rights reserved, Unlimited access tailored to your data needs, Germany Industrial Production Index Growth. Information about the online questionnaire, eSTATISTIK.core, the data collection portal and online reporting for foreign trade statistics (Intrastat). Available via annual subscription to one or more of CEICs global and premium databases. Germany Industrial Production Index (I:GIP01) 101.10 for Feb 2023 Overview . Germany Industrial production fell 1.2 % YoY in Jan 2023, following a drop of 3.6 % YoY in the previous month. One of the articles in the current issue of WISTA, our scientific journal, deals with the new commentary on the Federal Statistics Act, which was published in February 2023 and which provides a legal evaluation of new provisions in the Act. Germany DE: Industrial Production Index data was reported at 105.161 2010=100 in 2021. This includes a statutory minimum wage, mandatory working hours and break regulations, and protection from arbitrary dismissal. 2,096 billion euros was the turnover of companies in the manufacturing sector in 2020. Reserve System, 20th Street and Constitution Avenue N.W., Washington, DC 20551, Board of Governors of the Federal Reserve System, Transcripts and other historical materials, Federal Reserve Balance Sheet Developments, Community & Regional Financial Institutions, Federal Reserve Supervision and Regulation Report, Federal Financial Institutions Examination Council Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.4% on March 2023. However, today's industrial production report is not as bad as it looks at first glance. Science performance (PISA), Mean score, 2018, Air and GHG emissions, Carbon dioxide (CO2), latest available year, Gross domestic product (GDP), US dollars/capita, 2022 48.4 percent was the export ratio in the manufacturing sector in 2021. Results of migration statistics on external and internal migration show what migration has been like in 2020 compared with the period before the pandemic broke out. Capacity and capacity utilization were revised to incorporate data for manufacturing through the fourth quarter of 2022 from the U.S. Census Bureau's Quarterly Survey of Plant Capacity Utilization, along with new data on capacity from the U.S. Geological Survey, the U.S. Department of Energy, and other organizations. Use this code to embed the country dashboard into your website. The database content will continuously be extended, and links will be provided here. OCT 2023 Reports 12/07/23 0 estimates . Germany Industrial Production Index is at a current level of 101.10, up from 99.10 last month and up from 100.40 one year ago. Entry level access to the CEIC platform for individual users. In addition, the estimation methods for some series were changed. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. Find all indicators on Innovation and Technology. Data are in current U.S. dollars. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. -6. To learn more about cookies, click here. Subscribe here: Global corporations are investing in Germany, How companies use artificial intelligence, Two BASF employees at an inspection tour at the Ludwigshafen plant. 2000 2005 2010 2015 2020 % 15.0 15.5 16.0 16.5 17.0 17.5 18.0 18.5 19.0 World. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. This is approximately 1% of Germany's population. Gustav-Stresemann-Ring 11 The data reached an all-time high of 29.7 % in Apr 2021 and a record low of -25.4 % in Apr 2020. In March, manufacturing and mining output each fell 0.5percent. Insights . . Banks, New Security Issues, State and Local Governments, Senior Credit Officer Opinion Survey on Dealer Financing Communications, Banking Applications & Legal Developments, Financial Stability Coordination & Actions, Financial Market Utilities & Infrastructures. License : CC BY-4.0 Line Bar Map Label 1991 - 2021 Download DataBank Thematic data tables from WDI When the provisional result for the industrial production index was released for reference month May 2022 on 7 July 2022, a change of method took effect in the calculation of the production index for the "Manufacture of motor vehicles". Since 2010, the government has pursued a systematic CSR policy which is also based on recommendations put forward by the National CSR Forum, made up of representatives from business, civil society, ministries, trade unions and academia. The production index measures the monthly performance of the industry in Germany. By contrast, production in energy-intensive industrial branches fell by 0.9% in September, the office said. The data collected, which provide information about school education and studies, training and advanced training, occupation and search for work, income and living conditions, and childcare, are an important basis for planning and decision-making. Source: VDA. Proficiency in Python, BI software, DES software is a big plus Industry accounted for 60 percent of the gross national product in 1913. Construction supplies recorded the largest drop (1.8percent), followed by business equipment (1.0percent), durable consumer goods (0.9percent), and non-energy materials (0.5percent). A feasibility study examines whether information from satellite data can be used to support early estimates of short-term economic development of the Federal Statistical Office. At 103.0 percent of its 2017 average, total industrial production in March was 0.5 percent above its year-earlier level. These are obtained by using new data sources and methods. Within nondurables, gains of at least 1percent were registered by apparel and leather and by petroleum and coal products; chemicals posted the largest loss, at 0.9percent. Full and unlimited access to CEIC data for multiple users. Ratios, Survey of Household Economics and Decisionmaking, Industrial Production and Capacity Utilization - G.17, Factors Affecting Reserve Balances - H.4.1, Federal Reserve Community Development Resources, annual revision to industrial production and capacity utilization, Revision of Industrial Production and Capacity Utilization, Summary: Industrial Production and Capacity Utilization, Chart 1: Industrial Production, Capacity, and Capacity Utilization, Chart 2: Industrial Production and Capacity Utilization, Chart 3: Industrial Production of Selected Industries, Table 1: Industrial Production: Market and Industry Groups (percent change), Table 2: Industrial Production: Special Aggregates and Selected Detail (percent change), Table 4: Industrial Production Indexes: Market and Industry Group Summary, Table 5: Industrial Production Indexes: Special Aggregates, Table 6: Diffusion Indexes of Industrial Production, Table 7: Capacity Utilization: Manufacturing, Mining, and Utilities, Table 8: Industrial Capacity: Manufacturing, Mining, and Utilities (percent change), Table 9: Industrial Production: Gross Value of Products and Nonindustrial Supplies, Table 10: Gross-Value-Weighted Industrial Production: Stage-of-Process Groups, Table 11: Historical Statistics for IP, Capacity, and Utilization: Total Industry, Table 12: Historical Statistics for IP, Capacity, and Utilization: Manufacturing, Table 13: Historical Statistics for IP, Capacity, and Utilization: Total Industry excluding Selected High-Technology Industries, Table 14: Historical Statistics for IP, Capacity, and Utilization: Manufacturing excluding Selected High-Technology Industries, Table 15: Industrial Production: Reliability Estimates. More than two-thirds of the three percent of gross domestic product invested in research and development in Germany comes from business. These cookies are used to collect information about how you interact with our website and allow us to remember you. More information is available in our relevant explanatory video and the press release. The transport index records at an early point in time changes of goods transport by mode. 7.5 million employees were working in the manufacturing sector in Germany in 2020. Index of Industrial Production for Germany (A018ADDEA338NNBR) Observation: 1931: 72 (+ more) Updated: Aug 15, 2012 Units: Index 1928=100, Not Seasonally Adjusted Frequency: Annual 1Y | 5Y | 10Y | Max to Edit Graph EDIT LINES ADD LINE FORMAT Close Share Links Account Tools NOTES Source: National Bureau of Economic Research To find out more about the cookies we use, see our Cookies Policy. Statistisches Bundesamt (Destatis) | 2023, Income, consumption and living conditions, Environment, Environmental Economic Accounting, Sustainable development indicators, National accounts, domestic product, Accommodation and food service activities, tourism. It is based on the idea of collective bargaining autonomy: employers and trade unions negotiate working conditions as social partners without the intervention of the state. The Federal Reserve Board issued its annual revision to the indexes of industrial production (IP) and the related measures of capacity utilization on March 28, 2023. A total of roughly 810,000 people in about 380,000 randomly selected households will be surveyed between January and December2023. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The source of renewable power will be nearby wind farms . The data reached an all-time high of 29.7 % in Apr 2021 and a record low of -25.4 % in Apr 2020. *) The figures for Commercial vehicles over 6t GVW is not published. BERLIN, March 8 (Reuters) - German industrial production rose significantly more than expected in January, increasing by 3.5% on the previous month, the federal statistical office said on Wednesday. Trading Economics welcomes candidates from around the world. ifo shortage indicator shows material scarcity provides the nation with a safe, flexible, and stable monetary and Motor vehicles and motor vehicle parts were Germanys most important export goods in 2022, generating a total of 244.4 billion euros and accounting for a total share of 15.5 percent of German exports, as in previous years. From now on, the website of the Federal Statistical Office will show the Land indices every month at the same time as the truck toll mileage index for Germany. There is no data available for your selected dates. 2,1Trillion Euro Germany industrial production Data & Analytics Chart Alerts Data Embed Share Download The industry leader for online information for tax, accounting and finance professionals. Instant access to full history data in excel. Manufacturing, value added (% of GDP) - Germany | Data Manufacturing, value added (% of GDP) Germany Manufacturing, value added (% of GDP) - Germany World Bank national accounts data, and OECD National Accounts data files. Organisation for Economic. Includes 306 key indicators for Germany, curated by CEIC analysts. Instant access to full history data in excel. Advanced Manufacturing (AM) is the convergence of information and communications technologies with manufacturing processes to drive real-time control of energy, productivity, costs and information across factories and companies. Global players are Volkswagen, Daimler, BMW (all automotive), BASF, the worlds largest chemical company with around 118,000 employees, and Siemens (electrical). Industrial production in Germany surged 2% month-over-month in February of 2023, beating market forecasts of a meagre 0.1% gain. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The German success model of the social-ecological market economy is based on the aspiration to achieve economic success while maintaining social equity and meeting ecological requirements. For the first quarter as a whole, the manufacturing sector edged up 0.3percent at an annual rate. In the course of the global climate debate, the government has called for the further development of the social market economy to a social-ecological market economy.