Press release No. 092 of 8 March 2022

Production in industry
January 2022 (provisional):
+2.7% on the previous month (price, seasonally and calendar adjusted)
+1.8% on the same month a year earlier (price and calendar adjusted)

December 2021 (revised)
+1.1% on the previous month (price, seasonally and calendar adjusted)
-2.7% on the same month a year earlier (price and calendar adjusted)

WIESBADEN – In January 2022,production in industry was up by 2.7% on the previous month on a price, seasonally and calendar adjusted basis according to provisional data of the Federal Statistical Office (Destatis). Compared with January 2021, the increase in calendar adjusted production in industry amounted to 1.8%. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic in Germany, production in January 2022 was 3.0% lower in seasonally and calendar adjusted terms.

In January 2022, production in industry excluding energy and construction was up by 1.3% in seasonally and calendar adjusted terms. Within industry, the production of consumer goods was up by 4.0% and capital goods by 1.2%. The production of intermediate goods increased by 0.3%. Outside of industry, energy production decreased by 0.1% in January on the previous month and production in construction rose by 10.1%. This more than offset the decrease of December 2021 (-4.0% from the previous month). At the same time, production in construction benefitted from the unusually mild weather in January.

In December 2021, the corrected result on the production in industry showed an increase of 1.1% (provisional: -0.3%) from November 2021.

The rates of change refer to the production index for industry (2015 = 100). Seasonal and calendar adjustment was made using the X-13 JDemetra+ method.

Basic data and long time series on the production index in industry are also available in the table "Index of production in manufacturing" (42153-0001) in the GENESIS-Online database.

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. Due to strong temporary decreases and increases during the current coronavirus crisis, the results of month-on-month/quarter-on-quarter and year-on-year comparisons may differ considerably. In order to provide also a direct comparison with the pre-crisis level, all press releases on short-term indicators available in seasonally adjusted form will, for the time being, include a comparison with February 2020 or the fourth quarter of 2019.

Crisis Monitor enables comparison between corona crisis and financial/economic crisis

The production index is also part of the “Crisis Monitor“ (www.destatis.de/krisenmonitor) which is used by the Federal Statistical Office to compare the development of major short-term indicators between the corona crisis and the financial and economic crisis of 2008/2009. The “Crisis monitor” complements the “Corona statistics“ webpage (www.destatis.de/corona), which has provided statistical information on the economic and social consequences of the corona pandemic.