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    11.01.2016 14:17 Germany’s manufacturing turnover declines by 2.3% in November

    Destatis released its manufacturing turnover data for Germany on Monday. Manufacturing turnover declined on seasonally adjusted and on adjusted for working days basis by 2.3% in November, after a 1.8% fall in October. October's figure was revised down up a 2.0% increase.

     

    Domestic turnover decreased by 2.4% in November, while the business with foreign customers dropped 2.1%.

     

    Sales to euro area countries rose 2.6% in November, while sales to other countries were down 5.2%.

     

    On a yearly basis, real manufacturing turnover in Germany was down on seasonally adjusted and on adjusted for working days basis by 0.5% in November.


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