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Press release 100 / 2019-03-15: Wholesale prices in February 2019: +1.6% on February 2018

Indices of selling prices in wholesale trade

Wholesale selling prices, February 2019
+0.3% on the previous month
+1.6% on the same month a year earlier

As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade increased by 1.6% in February 2019 from the corresponding month of the preceding year. In January 2019 and in December 2018 the annual rates of change had been +1.1% and +2.5%, respectively.
From January 2019 to February 2019 the index rose by 0.3%.

More : Wholesale prices in February 2019: +1.6% on February 2018 …

Press release 101 / 2019-03-15: Turnover in accommodation and food service activities in January 2019 in real terms: +0.9% to January 2018

As reported by the Federal Statistical Office (Destatis), turnover in the German accommodation and food service activities in January 2019 increased by 0.9% in real terms and by 3.1% in nominal terms compared with the corresponding month of the previous year.

After adjustment for calendar and seasonal effects (Census X-12-ARIMA) the turnover in January 2019 was in real terms 3.7% and in nominal terms 3.8% higher than that in the previous month.

More : Turnover in accommodation and food service activities in January 2019 in real terms: +0.9% to January 2018 …

Press release 102 / 2019-03-15: Number of employees in manufacturing in January 2019: +2.2% year on year

At the end of January 2019, 5.7 million people worked in local units of manufacturing with 50 or more persons employed in Germany. As reported by the Federal Statistical Office (Destatis) on the basis of provisional results, that was a rise by about 125,000 persons or 2.2% against January 2018.

More : Number of employees in manufacturing in January 2019: +2.2% year on year …

Press release 103 / 2019-03-15: Billionaire companies generated nearly one third of total turnover

In 2017, 551 enterprises reported a turnover of more than one billion euros each in their advance turnover tax returns. The number of enterprises increased by 35 compared with 2016. The Federal Statistical Office (Destatis) also reports that the total value of supplies and services of the billionaire companies amounted to 2.0 trillion euros. These accounted for 31.9% of the turnover of all enterprises liable to pay tax.

More : Billionaire companies generated nearly one third of total turnover …

IN FOCUS / 2019-01-08

Tax declaration: average refund of 974 euros

There is still time until 31 July - but many taxpayers prefer doing their income tax declaration early in the year.

In 2014, there were roughly 24.1 million taxpayers in Germany who were subject to unlimited tax liability and received income exclusively from dependent employment and possibly from capital.

13.3 million of these taxpayers were assessed for income tax; 11.6 million of them received a tax refund.The average refund was 974 euros. Very often, the amount refunded was between 100 and 1,000 euros (59%). For 9% of those concerned, the refund was less than 100 euros. In 1% of the cases, the local tax offices refunded amounts of over 5,000 euros.

1.5 million taxpayers had to make additional payments to the local tax office, with the average amount being 10,020 euros. Just like the tax refunds, the additional payments of taxes were most often between 100 and 1,000 euros (55%). 25% of the taxpayers had to pay small amounts of less than 100 euros. Only 3% of the taxpayers were affected by large amounts of over 5,000 euros.

Current WISTA edition: connection between truck mileage and industrial production

The Federal Office for Goods Transport (BAG) has developed the truck toll mileage index based on the data from truck toll collection. Can this index complement the short-term economic statistics of the Federal Statistical Office (Destatis) and, especially, can it illustrate a connection between mileage and industrial production?

To examine this question, the BAG and Destatis carried out a cooperation project whose results are described in the article Digitale Prozessdaten aus der Lkw-Mauterhebung – neuer Baustein der amtlichen Konjunkturstatistiken published in the 6/2018 edition of our WISTA scientific journal. Since mid-December 2018, the truck toll mileage index has been published on the Destatis website as an unadjusted value, in a seasonally adjusted form and as a trend. At the same time, it has been integrated in the Business Cycle Monitor.

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The Brexit Monitor presents the developments in the United Kingdom, Germany and the EU based on selected socio-economic indicators.

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