Press releases - Business insolvencies down by 17.5% in July 2016 - Federal Statistical Office (Destatis)
WIESBADEN - German local courts reported 1,805 business insolvencies in July 2016, which was a decline of 17.5% compared with July 2015. The Federal Statistical Office (Destatis) reports this on the basis of provisional results. This means that since December 2015, the number of business insolvencies recorded each month was lower than in the same month a year earlier.
Publisher: Federal Statistical Office of Germany Press Office Indication of source requested for distribution