The Federal Government regulates this responsibility of companies for their international supply chains in a special law. The Federal Statistics Act is the basis of official statistics in Germany. Sustainable and fair supply chains in the economy are an essential part of Germanys philosophy. 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. For background information on the calculation of excess mortality, current methods and results please refer to our podcast on mortality figures during the corona pandemic. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. For example, all companies with five or more employees have the right to elect a workers representative body, known as a works council. 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. This is the largest decline for the EU country since 2009, and contributed heavily . EU, Industrial production for total industry and main industrial groupings, 2005-2022, monthly data, seasonally adjusted, 2015 = 100 -Source: Eurostat (sts_inpr_m) The industrial production index (abbreviated IPI and sometimes also called industrial output index or industrial volume index) is a business cycle indicator which measures monthly . Entry level access to the CEIC platform for individual users. Figure i. 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. The dashboard should have a minimum width of 768px to be displayed properly. The Federal Reserve, the central bank of the United States, 65189 Wiesbaden, All quotes delayed a minimum of 15 minutes. This page provides - European Union Industrial Production - actual values . In companies of 200 employees or more, at least one works council member must be released from work with full pay by the employer. The most important figures at a glance. Germany DE: Industrial Production Index data was reported at 105.161 2010=100 in 2021. was the export ratio in the manufacturing sector in 2021. were registered in 2021: Germany is the innovation champion of Europe. 7.5 million employees were working in the manufacturing sector in Germany in 2020. Regulations in individual sectors are often negotiated between trade unions and employers associations and go beyond these legal requirements. Download limits apply. In March, manufacturing and mining output each fell 0.5percent. Current population of germany Find tables GENESIS-Online Database Press releases 28 April 2023 Import prices in March 2023: -3.8% on March 2022 The index of import prices decreased by 3.8% in March 2023 compared with the corresponding month of the preceding year. License : CC BY-4.0 Line Bar Map Label 1991 - 2021 Download DataBank Thematic data tables from WDI High level of self-reliance: work independently and self-motivated. More data on industry and manufacturing are available from the GENESIS-Online database. Capacity utilization moved up to 79.8 percent in March, a rate that is 0.1 percentage point above its long-run (1972-2022) average. In Germany, industrial production measures the output of businesses integrated in industrial sector of the economy. API users can feed a custom application. The latter benefited from unusually mild weather in the month. The inflation rate thus declined once again in April 2023 (March 2023: +7.4% and February 2023: +8.7%). Standard users can export data in a easy to use web interface or using an excel add-in. The operating rate for mining fell 0.5percentage point to 91.1percent, while the operating rate for utilities jumped 5.6percentage points to 75.3percent. financial system. Industrial production dropped in eight months in 2021 and ended the year more than 4% lower than in December 2020. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. The updated IP indexes included revisions to the monthly indicatoreither product data or input dataand to seasonal factors for each industry. This records an increase from the previous number of 100.400 2010=100 for 2020. Entry level access to the CEIC platform for individual users. **) The figures for productioin abroad of CV over 6 t GVW is not published. was the share of gross value added by the manufacturing sector in 2021. dominate German industry: automotive, mechanical engineering, chemical and electrical industry. Industrial production rose 0.4percent in March and was little changed in the first quarter, increasing at an annual rate of 0.2percent. In addition, results are still published for the unit of presentation that was used until reference year 2017. 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. Exclusive news, data and analytics for financial market professionals, Reporting by Miranda Murray, editing by Rachel More, JPMorgan snaps up First Republic's assets in U.S. auction, Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale, As oil output peaks, US Gulf of Mexico makes room for carbon capture, India collects record goods and services tax in April - statement, FDIC report to reopen U.S. bank deposit insurance debate, Factbox: JPMorgan's deal for collapsed First Republic explained, Biopharma firm Acelyrin seeks $1.5 bln valuation in US IPO, JPMorgan buys First Republic Bank's assets. 4 sectors dominate industry in Germany: the automotive, mechanical engineering, chemical and electrical industries. 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. General government debt, % of GDP, 2021, Household debt: Germany Industrial Production. Satellites can record large areas at short intervals so that information from satellite data is available rapidly and at a small-area level. As such, great importance is attached to sustainable action in German industry. Germany Industrial Production - April 2023 Data - 1979-2022 Historical - May Forecast Germany Industrial Production Industrial Production in Germany increased 0.60 percent in February of 2023 over the same month in the previous year. With an overall heating capacity of 50 MW, the plant will supply around 100'000 local inhabitants with approximately 235'000 MWh of heat annually. Commercial Banks, Senior Loan Officer Opinion Survey on Bank Lending 1958 - 2021 | Yearly | 2010=100 | International Monetary Fund. Reading performance (PISA), Mean score, 2018 This assumption looks fine when viewed from the perspective of Cobb-Douglas production functions or of steady-state growth with Harrod-neutral progress. Branches and Agencies of Last week, a new German report showed a steep 6.8 percent decline in industrial production for December of 2019. Production and sales, Snapshot of data for a fixed period (data will not change even if updated on the site). At 103.0 percent of its 2017 average, total industrial production in March was 0.5 percent above its year-earlier level. In Germany, industry is the foundation for growth much more so than in other countries Prosperity. Index of production in manufacturing: manufacture of machinery and equipment, Persons employed and turnover of local units in manufacturing: WZ08-20 Manufacture of chemicals and chemical products, New orders in manufacturing (volume index): WZ08-20 Manufacture of chemicals and chemical products, WZ08-21 Manufacture of basic pharmaceutical products and preparations, Turnover in manufacturing (volume index): WZ08-20 Manufacture of chemicals and chemical products, WZ08-21 Manufacture of basic pharmaceutical products and preparations, Index of production in manufacturing: manufacture of chemicals and chemical products, Persons employed and turnover of local units in manufacturing: manufacture of basic iron and steel and of ferro-alloys, New orders in manufacturing (volume index): WZ08-241 Manufacture of basic iron and steel and of ferro-alloys, Turnover in manufacturing (volume index): WZ08-241 Manufacturing of basic iron and steel and of ferro-alloys, Index of production in manufacturing: manufacture of basic iron and steel and of ferro-alloys, Persons employed and turnover of local units in manufacturing: WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, New orders in manufacturing (volume index): WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, Turnover in manufacturing (volume index): WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, Index of production in manufacturing: manufacture of textiles, manufacture of wearing apparel, Persons employed and turnover of local units in manufacturing by years and economic activities, Persons employed and turnover of local units in manufacturing by Lnder, years and economic activities, Persons employed and turnover of local units in manufacturing by years, employee size classes and economic activities, Enterprises, persons employed, turnover and investments in manufacturing and mining by years and economic activities, Rebasing the short-term indices for industry to the year 2015, Seasonal adjustment of short-term statistics using X-12-ARIMA and X13 in JDemetra+, Digital process data from truck toll collection as new building block of official short-term statistics, New statistics on unfilled orders in industry. Available via annual subscription to one or more of CEICs global and premium databases. To learn more about cookies, click here. among export nations, behind China and the USA. For Germany as a major trading nation, the focus is also on responsibility within the supply chains. Defense and space equipment posted the only other gain, increasing 0.8percent. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Germany is very popular among jobseekers, especially those from the European Union. Mining output slipped 0.5percent in March, with declines in the indexes for oil and gas extraction, other mining, and support activities. See here for a complete list of exchanges and delays. A single cookie will be used in your browser to remember your preference not to be tracked. Valid data: Access to all . The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). Label. The truck toll mileage index measures the mileage covered by trucks with four or more axles, which are subject to toll charges, on German motorways. The rate for mining was 4.7percentage points above its long-run average, while the rate for utilities remained substantially below its long-run average. Terms, Statistics Reported by Banks and Other Financial Firms in 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. Employee representation is also regulated by law in Germany. This included two lockdowns, the temporary closure of borders with other countries and in part substantial restrictions on private and economic activities. *) The figures for Commercial vehicles over 6t GVW is not published. To find out more about the cookies we use, see our Cookies Policy. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Share of agriculture, forestry and fishery in the total gross value added in Germany from 1970 to 2019. Industry's export quota Over the year, industrial production was up 3.2%. Mechanical engineering is characterized by small and medium-sized enterprises. This records an increase from the previous number of 100.400 2010=100 for 2020. CV up to 6t GVW Domestic production. 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 . The index for utilities jumped 8.4percent, as the return to more seasonal weather after a mild February boosted the demand for heating. Monetary Base - H.3, Assets and Liabilities of Commercial Banks in the U.S. - The wording of publications has been adjusted accordingly: data on enterprises (until reference year 2017) will now be referred to as data on legal units. Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. Latest available data for a fixed period,
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. As of reference month October, truck toll mileage indices for the Lnder have also been available. Shortage of materials can hamper industrial production in Germany. See here for a complete list of exchanges and delays. Financial Services, Sponsorship for Priority Telecommunication Services, Supervision & Oversight of Financial Market More Citation Please cite this indicator as follows: A total of roughly 810,000 people in about 380,000 randomly selected households will be surveyed between January and December2023. Instant access to full history data in excel. Real GDP forecast, Annual growth rate (%), 2024, Household debt, % of net disposable income, 2021 Four sectors dominate German industry: the automotive, mechanical engineering, chemical and electrical industry. Workers and employees are protected by comprehensive legislation in Germany. Economists forecast output to grow 1 percent on month, reversing a 4 percent fall in August. This website stores cookies on your computer. The Danish port city of Esjberg commissioned MAN ES to implement two of their heat-pump units (HPU) to help decarbonize their heat supply. 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. . Suitable for enterprise usage. Basic Info Germany Industrial Production Index MoM is at 2.00%, compared to 3.70% last month and 0.30% last year. The latter has co-determination rights which are regulated by the Works Constitution Act. 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. The real (price adjusted) stock of orders in manufacturing was 0.5% higher in February 2023 than in January 2023 on a seasonally and calendar adjusted basis, according to provisional results of the Federal Statistical Office (Destatis). . Available via annual subscription to one or more of CEICs global and premium databases. Nonetheless these results of the statistical offices of the Federation and the Lnder offer new and interesting ways of looking at various statistical topics. CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. European Commission | Choose your language | Choisir une langue . The Value of Data: Empowering People. The global players are Volkswagen, Daimler, BMW (all automotive), BASF (chemical) and Siemens (electrical). The index is calculated from digital process data of the truck toll collection system. Manufacturing output decreased 0.5percent in March and was 1.1percent below its year-earlier level. OCT 2023 Reports 12/07/23 0 estimates . The transport index records at an early point in time changes of goods transport by mode. (1965). Upgrade now. Germany manufacturing output for 2021 was $803.21B, a 10.4% increase from 2020. Germany Industrial production index growth rate YoY data is updated monthly, available from Jan 1959 to Jan 2023, with an average rate of 2.4 %. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Use this code to embed the country dashboard into your website. 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).
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