Destatis released its manufacturing turnover data for Germany on Thursday. Manufacturing turnover declined on seasonally adjusted and on adjusted for working days basis by 1.3% in August, after a 1.4% rise in July. July's figure was revised down from a 1.9% increase.

Meanwhile, domestic turnover decreased by 0.9% in August, while the business with foreign customers dropped 1.8%.

Sales to euro area countries declined 2.8% in August, while sales to other countries were down 1.0%.

On a yearly basis, manufacturing turnover in Germany was up on seasonally adjusted and on adjusted for working days basis by 2.8% in August.