Press releases - Business insolvencies down 18.8% in October 2016 - Federal Statistical Office (Destatis)
WIESBADEN - In October 2016, German local courts reported 1,621 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 18.8% compared with October 2015. This means that, with the exception of September 2016 ( 3.6%), the number of business insolvencies recorded each month was lower compared with the same month a year earlier since December 2015.
Publisher: Federal Statistical Office of Germany Press Office Indication of source requested for distribution