• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsGermany
Europe

Germany can’t get its hands on important economic indicators because of a tech update that’s been in the works for 5 years

Prarthana Prakash
By
Prarthana Prakash
Prarthana Prakash
Europe Business News Reporter
Down Arrow Button Icon
Prarthana Prakash
By
Prarthana Prakash
Prarthana Prakash
Europe Business News Reporter
Down Arrow Button Icon
September 23, 2024, 11:31 AM ET
people walking on a bridge in Berlin with the Germany flag at the back
Germany's official statistics body Destatis has faced an IT outage.Ren Pengfei—Xinhua/Getty Images

Germany’s national statistics body has had tech issues, as a failed IT update made key economic data points unavailable for people to access.

Recommended Video

It’s been about four months since Destatis, the German Federal Statistical Office, updated its time-series data on critical topics, such as retail sales and hospitality revenues, to gauge the country’s economic health. 

Destatis’ outages have been linked to a slew of tech issues just as it’s overhauling its methodology—a project that’s been underway for five years. The deadline for the overhaul is December. 

However, recent tech troubles have meant that the statistics body of Europe’s largest economy hasn’t been able to post some economic data since May.       

These data points are typically released monthly and cascade into the German GDP, the country’s biggest stressor. 

“We have been flying blind for months and have no good understanding what is going on in the service sector,” Robin Winkler, chief German economist at Deutsche Bank, told the Financial Times.

Economists at other major banks have also griped about how the absence of data in areas like private consumption at a time when Germany’s economy is in the doldrums. Last year, Germany was the only major economy to shrink by 0.3% despite slowing inflation. It has stagnated into the current year, staggering “between hope and despair,” ING Bank said. 

Consumer demand is an important piece of the puzzle in making sense of the German economy and how the appetite for retail goods and services.   

While authorities have raised concerns over Destatis’s data blind spot, the body is managed by a patchwork of government departments, making it harder to make fixes immediately. The Interior Ministry looks at administrative matters, while the Economic Affairs Ministry oversees economic data reporting, according to the FT.

But Destatis holds that its calculations over the past few months, which the lack of data points has impacted, are of good quality. 

Following the revamp of its methodology, the body has slowly started publishing some data, although much of that data is still not available. 

Representatives at Destatis didn’t immediately return Fortune’s request for comment. 
Statistics bodies have had to adapt in more ways than one lately. Take the U.K.’s Office of National Statistics (ONS), for instance. It has had to shift away from phone-based surveys as fewer Gen Zers are picking up their phones. It also had to make big revisions to some of its GDP data due to methodological changes after the COVID-19 pandemic.  

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Prarthana Prakash
By Prarthana PrakashEurope Business News Reporter
LinkedIn icon

Prarthana Prakash was a Europe business reporter at Fortune.

See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Politics

mpls
PoliticsMinnesota
Renee Good’s ex-husband describes her as no kind of activist whatsoever, she was heading home before ICE encounter
By Michael Biesecker, Jim Mustian, Giovanna Dell'Orto and The Associated PressJanuary 9, 2026
5 hours ago
Bill Gates speaks onstage at the Bloomberg Philanthropies Global Forum 2025 at The Plaza Hotel on September 24, 2025 in New York City.
AIBill Gates
Bill Gates says AI could be used as a bioterrorism weapon akin to the COVID pandemic if it falls into the wrong hands
By Eleanor PringleJanuary 9, 2026
5 hours ago
mpls
PoliticsMinnesota
‘That’s a dangerous decision to make’: policing experts baffled by ICE officer stepping in front of moving SUV before opening fire
By Claire Galofaro and The Associated PressJanuary 9, 2026
5 hours ago
mpls
PoliticsMinnesota
ICE shooter in Minneapolis identified as Jonathan Ross; court records reveal he was previously dragged 100 yards by a fleeing car
By The Associated PressJanuary 9, 2026
5 hours ago
jobs
EconomyJobs
Sluggish economy crawls on with 50,000 jobs added in December, unemployment ticks down to 4.4%
By Christopher Rugaber and The Associated PressJanuary 9, 2026
5 hours ago
Bill Gates pictured in New York, May 2025.
SuccessBill Gates
Read Bill Gates’s 2026 annual letter in full
By Eleanor PringleJanuary 9, 2026
6 hours ago

Most Popular

placeholder alt text
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighJanuary 8, 2026
1 day ago
placeholder alt text
Workplace Culture
Amazon demands proof of productivity from employees, asking for list of accomplishments
By Jake AngeloJanuary 8, 2026
1 day ago
placeholder alt text
Law
Amazon is cutting checks to millions of customers as part of a $2.5 billion FTC settlement. Here's who qualifies and how to get paid
By Sydney LakeJanuary 6, 2026
3 days ago
placeholder alt text
Real Estate
Google billionaire Larry Page copies the Jeff Bezos playbook, buying a $173 million Miami compound that will save him millions in taxes
By Nick LichtenbergJanuary 8, 2026
23 hours ago
placeholder alt text
Crypto
Russia and Iran are increasingly turning to crypto—especially stablecoins—to avoid sanctions, report finds
By Carlos GarciaJanuary 8, 2026
1 day ago
placeholder alt text
Future of Work
AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests
By Nick LichtenbergJanuary 7, 2026
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.