Industrial Policy Dossier – Industry Report
We expect 2016 to bring a three-quarter percent increase (up 0.75 percent) in industrial production in Germany. The sideways movement expected in the global economy and modest prospects for world trade will prevent German industry from enjoying tremendous business opportunities this year as well.
Global industrial production increased by just 1.9 percent in 2015 over the previous year. This was the weakest growth since 2009.The euro area and the United States, on the other hand, showed stronger than average performance. In newly industrialised countries, industrial production increased by only three percent in 2015.