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Development of new manufacturing orders in July 2016

2016-09-06 08:17:56

According to the Federal Statistical Office [1], new manufacturing orders rose between June and July by 0.2% in price, calendar and seasonally adjusted terms [2]. Whilst manufacturers of capital goods recorded a rise in orders ( 0.8%), new orders for intermediate goods were flat (0.0%). In contrast, new orders for consumer goods fell substantially (-4.3%). Positive stimuli in July came mainly from the eurozone ( 5.9%), and the non-eurozone also produced more orders ( 0.6%). In contrast, domestic orders were below the preceding months level (-3.0%).

There has been little momentum in the development of new orders so far this year. In the current two-month comparison [3], the volume of new orders is slightly down (-0.2%). Whilst orders to the manufacturers of intermediate and capital goods have been slow, new orders to the manufacturers of consumer goods have been falling since the spring.

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Kategorie: BMWi Press Releases