Turnover in manufacturing in July 2010 –0.9% seasonal adjusted on June 2010
WIESBADEN – As reported by the Federal Statistical Office (Destatis) on the basis of provisional data, the manufacturing sector saw turnover fall in real terms adjusted for seasonal fluctuations and working-day variations 0.9% in July 2010 compared with June 2010 (following a revised –0.5% in June 2010). Domestic turnover decreased by 1.2%, the business with foreign customers declined 0.5%. Sales to euro area countries were 1.1% below preceding month’s level, while sales to other countries went down by 0.1%. Compared with the preceding year, real turnover in manufacturing showed a total increase of 9.9% in July 2010 after having been adjusted for working-day variations (after a revised +10.6% in June 2010). Increases were observed in domestic sales (+7.7%), while turnover from business with foreign customers rose by 12.7%. Among foreign transactions, sales to euro area countries increased by 8.6%, while turnover for other foreign countries ascended 15.8%. When cumulated from January to July 2010 the (working-day adjusted) turnover in manufacturing was 10.0% above the level of the same period of the previous year; domestic turnover rose 5.9% and foreign turnover by a total of 14.7%. Long time series on the turnover index are contained in the online database GENESIS-Online.
