Germany - Industrial Production





Germany: Industrial Production

Mnemonic IP.IDEU
Unit Vol. Index 2021=100, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Monthly 1.07 %
Data Jan 2024 94.7
Dec 2023 93.7

Series Information

Source Deutsche Bundesbank
Release Industrial Production
Frequency Monthly
Start Date 1/31/1991
End Date 1/31/2024

Germany: Business

Reference Last Previous Units Frequency
Business Confidence Feb 2024 85.5 85.2 Index 2015=100, SA Monthly
Industrial Production Jan 2024 94.7 93.7 Vol. Index 2021=100, CDASA Monthly
Capacity Utilization 2023 Q4 81.9 82.9 %, SA Quarterly
Change in Inventories 2023 Q4 27.59 4.85 Bil. EUR, CDASA Quarterly
Real Change in Inventories 2023 Q4 27.59 4.85 Bil. EUR, CDASA Quarterly

Release Information

For Germany, the production index measures the monthly performance of industry. 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. This dataset includes data on the following sectors: mining and quarrying, manufacturing, energy and construction.

Active:

  • Classification:
    • Taxonomy: Adaptation of NACE Rev. 2
    • Scope: Divisions B to D, F
    • Detail: MIG aggregates, select other aggregates
  • Measurement: Fixed-base volume index relative to 2021 (Vol. Index 2021=100)
  • Adjustment: Calendar day adjusted and seasonally adjusted (CDASA)
  • Native frequency: Monthly
  • Start dates:
    • 1991m1 for most
    • 2005m1 for construction
  • Geo coverage: Country

Predecessors:

  • 2015=100 - 1991m1 to 2023m12 ("_15")
  • 2010=100 - 1991m1 to 2017m12 ("_10")
  • 2005=100 - 1991m1 to 2012m12 ("05")
  • 2000=100 - 1991m1 to 2008m12 ("00")

Global concept aliases:

  • IP.IDEU

The output index for the production sector is calculated monthly by the Federal Statistical Office and includes the sectors mining and quarrying, manufacturing, energy and construction.

  • Productivity and labour costs in industry
The Federal Statistical Office's monthly report includes the staff numbers, wages and salaries and actual man-hours worked in enterprises with at least 50 employees in the sectors manufacturing, and mining and quarrying. Productivity and labour cost indices are derived from these data read in conjunction with those from the output survey.
  • Employment, labour costs and turnover in the construction sector

The Federal Statistical Office's monthly report on the construction sector provides several indicators for a short-term assessment of this sector's cyclical situation. It includes the number of employees, the actual man-hours worked and remuneration. The survey is conducted for construction sector enterprises with 20 or more employees.

Seasonally and working-day-adjusted or just working-day-adjusted time series – depending on the indicator – are provided in addition to the unadjusted figures. The adjusted data are estimated using version 0.2.8 of the Census X-12-ARIMA program.

Yes.

The index base year is advanced every fifth year, except for 2021.

Data Buffet obtains these data from Deutsche Bundesbank, which republishes the Federal Statistical Office (a.k.a. Destatis). The informational links below therefore refer to FSO.

Further reading

At the source:

At IMF (SDDS Plus):

  • Sep 2005 - Initial version: Base 2000.
  • Jul 2009 - Rebased to 2005.
  • Mar 2013 - Rebased to 2010.
  • Mar 2018 - Rebased to 2015.
  • 13 Mar 2024, Phillip Thorne - Rebased to 2021: Properties, Further reading.