Destatis: price-adjusted new orders in manufacturing decreased 2.0% in April vs March 2016

WIESBADEN, 06-Jun-2016 — /EuropaWire/ — Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in April 2016 a seasonally and working-day adjusted 2.0% on March 2016. For March 2016, revision of the preliminary outcome resulted in an increase of 2.6% compared with February 2016, particularly due to the subsequent report of a major order (primary +1.9%). Price-adjusted new orders without major orders in manufacturing had decreased in April 2016 a seasonally and working-day adjusted 1.5% on March 2016.

In April 2016, domestic orders increased 1.3%, while foreign orders decreased by 4.3% on the previous month. New orders from the euro area were up 2.5% on the previous month, while new orders from other countries decreased 8.3% compared to March 2016.

In April 2016 the manufacturers of intermediate goods rose 4.8%, while the manufacturers of capital goods showed decreases of 6.1% on the previous month. For consumer goods, a decrease in new orders of 1.0% was recorded.

The rates of change are based on the volume index of new orders for manufacturing (2010 = 100). Seasonal and working day adjustment is done using the Census X-12-ARIMA method.

Detailed data and long time series on the index of new orders in manufacturing are available from the GENESIS-Online database in the tables on the volume index (42151-0004). There you can also find the index of new orders excludign major orders (42151-0008).

For further information:
Peter Mehlhorn,
tel: +49 611 75 2806,
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