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    08.10.2015 09:50 Germany’s manufacturing turnover declines by 1.3% in August

    Destatis released its manufacturing turnover data for Germany on Thursday. Manufacturing turnover declined on seasonally adjusted and on adjusted for working days basis by 1.3% in August, after a 1.4% rise in July. July's figure was revised down from a 1.9% increase.

     

     

    Meanwhile, domestic turnover decreased by 0.9% in August, while the business with foreign customers dropped 1.8%.

     

     

    Sales to euro area countries declined 2.8% in August, while sales to other countries were down 1.0%.

     

     

    On a yearly basis, manufacturing turnover in Germany was up on seasonally adjusted and on adjusted for working days basis by 2.8% in August.


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