Surprising Recovery of Industrial Production
The German industrial production in March 2025 showed unexpectedly strong performance, increasing by 3.0% compared to the previous month, exceeding expectations of around 0.8%. This development indicates robust activity in the industrial sector and could signal positive signs for the economy.
Order Intake in the Manufacturing Sector
Order intake in the manufacturing sector rose by 3.6% in March 2025 compared to the previous month. Excluding large orders, the increase was 3.2%. Compared to the same month last year, March 2024, order intake increased by 3.8%, highlighting a positive trend in the sector.
Stable Industrial Production Despite Challenges
Overall, industrial production rose by 3.0% in March 2025 compared to the previous month, while showing an increase of 0.3% compared to the same month last year, March 2024. These figures indicate stable development in the industry.
Decline in Energy-Intensive Industries
In North Rhine-Westphalia, production in energy-intensive industries fell by 3.2% in March 2025 compared to the previous month. Year-on-year, a decline of 5.1% was recorded, particularly affecting metal production.
Challenges in Raw Steel Production
Raw steel production in Germany was approximately 3.1 million tons in March 2025, reflecting a decrease of 11.5% compared to the same month last year. These declines indicate challenges in this sector.
In summary, the German industrial production in March 2025 shows a mixed picture. While overall industrial production and order intake develop positively, there are declines in energy-intensive industries and raw steel production. These developments may indicate challenges in certain sectors, while the overall economy remains stable.