• Germany industrial production unexpectedly rose in March

Market news

8 May 2019

Germany industrial production unexpectedly rose in March

In March 2019, production in industry was up by 0.5% on the previous month on a price, seasonally and calendar adjusted basis according to provisional data of the Federal Statistical Office (Destatis). Economists had expected a 0.5% decrease. The revised figure shows an increase of 0.4% (provisional value: +0.7%) from February 2019.

In March 2019, production in industry excluding energy and construction was up by 0.4%. Within industry, the production of intermediate goods increased by 0.4% and the production of consumer goods by 1.1%. The production of capital goods remained at the level of the previous month. Outside industry, energy production was up by 0.3% in March 2019 and the production in construction increased by 1.0%.

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