daxioma logo

Industrial production in Germany rose in volume for the last month

10 May 2019

Industrial production in Germany rose in volume for the last month

Industrial production growth in Germany was extremely unexpected for analysts and economists. It is due to the increase of production to consumers, as well as building materials, however, is that the prospects remain insignificant, as already commented on the Ministry of economy. This contributes to the basic trade uncertainty due to Brexit.


Thus the volume increased by half a percent against the background of the last state, although forecasters expected the opposite effect and fall of the industry on the same of 0,5 %. While intermediate goods increased only slightly in its amount, and the capital remained at the same positions without any modifications.


The latest data indicate a small increase in performance of orders in the country, contrary to expectations, which was triggered by a prolonged and sharp decline. In the end, separate the policy of the United States of America and the UK out of the EU have had a significant impact on the export economy, therefore the government has again cut its positive predictions, this time to 0.6 %. The previous figures were more significant values: 2 % and 1.4 %.