Turnover in manufacturing in January 2010: +1.0% seasonal adjusted on December 2009
WIESBADEN – As reported by the Federal Statistical Office (Destatis) on the basis of provisional data, the manufacturing sector saw turnover rise in real terms adjusted for seasonal fluctuations and working-day variations 1.0% in January 2010 compared with December 2009. Domestic turnover increased by 1.8% the business with foreign customers were on the level of the preceding month. Sales to euro area countries were 0.7% above preceding month’s level, while sales to other countries went down by 0.7%. For the first time since September 2008, in January 2010 real turnover in manufacturing surpassed the level of the previous year – the total increase (adjusted for working-day variations) amounted to 2,6% compared with the result for January in the last year. Decreases were observed in domestic sales (–1.1%), while turnover from business with foreign customers rose by 7.3%. Among foreign transactions, sales to euro area countries increased by 2.4%, while turnover for other foreign countries ascended 12.0%. Regarding the year 2009, the (working-day adjusted) turnover in manufacturing was 17.0% below the level of the same period of the previous year; the decline in domestic turnover registered -13.9% and in foreign turnover -20.3%. Long time series on the turnover index are contained in the online database GENESIS-Online.
