• Germany’s manufacturing turnover declines by 1.1% in September

Market news

9 November 2015

Germany’s manufacturing turnover declines by 1.1% in September

Destatis released its manufacturing turnover data for Germany on Monday. Manufacturing turnover declined on seasonally adjusted and on adjusted for working days basis by 1.1% in September, after a 1.0% fall in August. August's figure was revised down up a 1.3% decrease.

Meanwhile, domestic turnover decreased by 1.2% in September, while the business with foreign customers dropped 1.1%.

Sales to euro area countries rose 1.6% in September, while sales to other countries were down 2.9%.

On a yearly basis, manufacturing turnover in Germany was up on seasonally adjusted and on adjusted for working days basis by 0.7% in September.

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