• Germany’s manufacturing turnover climbs by 1.9% in July

Market news

8 September 2015

Germany’s manufacturing turnover climbs by 1.9% in July

Destatis released its manufacturing turnover data for Germany on Tuesday. Manufacturing turnover rose on seasonally adjusted and on adjusted for working days basis by 1.9% in July, after a 1.9% drop in June.

Meanwhile, domestic turnover increased slightly by 0.2% in July, while the business with foreign customers jumped 3.7%.

Sales to euro area countries rose 2.4% in July, while sales to other countries climbed 4.7%.

On a yearly basis, manufacturing turnover in Germany was up on seasonally adjusted and on adjusted for working days basis by 2.5% in July, after a 1.6% gain in June.

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