Press release No. 331 of 5 August 2022
Production in industry, June 2022 (provisional):
+0.4% on the previous month (price, seasonally and calendar adjusted)
-0.5% on the same month a year earlier (price and calendar adjusted)
May 2022 (revised)
-0.1% on the previous month (price, seasonally and calendar adjusted)
-1.7% on the same month a year earlier (price and calendar adjusted)
WIESBADEN – In June 2022, production in industry was up by 0.4% on the previous month on a price, seasonally and calendar adjusted basis according to provisional data of the Federal Statistical Office (Destatis). A moderate decrease of 0.1% (provisional figure: +0.2%) was observed in May 2022 compared with April 2022. Compared with June 2021, the decrease in calendar adjusted production in industry amounted to 0.5%.
In June 2022, production in industry excluding energy and construction was up by 0.7% in seasonally and calendar adjusted terms. Within industry, the production of capital goods was up by 1.0%. The production of consumer goods increased by 1.1% and the production of intermediate goods was up by 0.3%. Outside industry, energy production in June 2022 corresponded with 0.0% to the previous month. Production in construction in June 2022 was down by 0.8% on the previous month.
Production in energy-intensive branches slightly up recently
Production in the energy-intensive industrial branches rose slightly in June 2022 (+0.4% on May 2022), following a 5.4% decrease from February to May 2022. An analysis on the new production index for energy-intensive industrial branches (only in german) is available on the Industry, manufacturing page of our website.
Delivery bottlenecks continue to affect production in many branches
Production is still affected by the extreme shortage of intermediate products. Supply chains are interrupted because of the war in Ukraine and distortions persist that have been caused by the Covid-19 crisis. 74.1% the industrial enterprises surveyed complained of bottlenecks and problems in procuring intermediate products and raw materials in June 2022, according to the ifo Institute for Economic Research. The Federal Statistical Office shows the relationship between material shortages and industrial activity in an analysis with continuously updated figures.
Methodological notes:
The differing comparative periods must be taken into account in all press releases on short-term indicators. Short-term economic monitoring focuses on comparisons with the previous month or previous quarter. These reflect short-term economic trends. A calendar adjusted comparison with the previous year is intended to offer a long-term comparison of levels and is not subject to seasonal fluctuations or calendar effects. The results of month-on-month, quarter-on-quarter and year-on-year comparisons may differ considerably at present because of the Covid-19 crisis and the war in Ukraine.
The production index also forms part of the Crisis monitor (www.destatis.de/krisenmonitor), by means of which the Federal Statistical Office compares the development of major short-term indicators in the Covid-19 crisis and the financial and economic crisis of 2008/2009. It is also available on the “Corona Statistics” webpage (www.destatis.de/corona) and in the Dashboard Germany (www.dashboard-deutschland.de), together with other indicators which can be used to assess the economic consequences of the Covid-19 pandemic. The Dashboard Germany portal of the Federal Statistical Office combines up-to-date indicators of official statistics and indicators of other data providers on the topics of economy and finance as well as health and mobility.
Russia’s attack on Ukraine and the related sanctions have an impact on many parts of the economy and society. We have compiled data and information on the subject for you on a special webpage (only in german).
Basic data and long time series on the production index in industry are also available in the table "Index of production in manufacturing" (42153-000) in the GENESIS-Online database.
