Industrial production · Germany

Germany industrial production forecast

Industrial production (index 2021=100, monthly, seasonally and calendar adjusted)

monthlyUnit: Index 2021=100, monthly, seasonally and calendar adjustedData through Aug 2026

Model run: Oct 8, 2026 · TimesFM 2.5

12 months forecast · Aug 2027

90.3

Median forecast · p10-p90: 86.1 to 93.9

Latest observed: 90.7 · Aug 2026

Choose a horizon

The median and range update together.

History & forecast

White: observed history. Blue: forecast median. Shaded: p10-p90 model range.

859095100202220232024202520262027HistoryForecast3M90.66M90.412M90.3
859095100202220242026HistoryForecast

All values in Index 2021=100, monthly, seasonally and calendar adjusted

Model validation

HorizonTestsModel errorModelNo-change errorNo changeBand coverageCoverage
3 months581.51.687.9%
6 months551.91.885.5%
12 months493.12.673.5%

In these tests the model beat a no-change forecast at 1 of 3 horizons; no change was better or equal at the rest. Rolling backtests of this model on the latest revised history; overlapping forecast errors are not independent. The p10-p90 band is a model range, not a calibrated guarantee. Methodology · Forecast audit

Evidence & context

Source data

Source & observed data

DateValueChange
Aug 202690.7+0.44%
Jul 202690.3−1.74%
Jun 202691.9+0.33%
May 202691.6+0.99%
Apr 202690.7+0.11%
Mar 202690.6−0.88%
Feb 202691.4+0.22%
Jan 202691.2−0.55%
Dec 202591.7−0.97%
Nov 202592.6+1.09%
Oct 202591.6+0.33%
Sep 202591.3+1.22%

Sources & limits

Source: Eurostat · sts_inpr_m?unit=I21&s_adj=SCA&indic_bt=PRD&nace_r2=B-D. Methodology · Forecast audit

Historical context

Outside the model

What could change this forecast?

The watchlist

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No recent item selected for this series. We would rather leave this quiet than fill it with a weak match.

Selected for relevance, not a claim of causation. Source dates stay visible. Original reporting remains with its publisher.

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