Press release No. 132 of 4 April 2019

February 2019 (provisional): new orders in manufacturing
-4.2% on the previous month (price, seasonally and calendar adjusted)
-8.4% on the same month a year earlier (price and calendar adjusted)

January 2019 (revised): new orders in manufacturing
-2.1% on the previous month (price, seasonally and calendar adjusted)
-3.6% on the same month a year earlier (price and calendar adjusted)

WIESBADEN – Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in February 2019 a seasonally and calendar adjusted 4.2% on the previous month. For January 2019, revision of the preliminary outcome resulted in a decrease of 2.1% compared with December 2018 (provisional: -2.6%). Price-adjusted new orders without major orders in manufacturing had decreased in February 2019 a seasonally and calendar adjusted 2.7% on the previous month.

Domestic orders decreased by 1.6% and foreign orders fell by 6.0% in February 2019 on the previous month. New orders from the euro area were down 2.9%, new orders from other countries decreased 7.9% compared to January 2019.

In February 2019 the manufacturers of intermediate goods saw new orders fall by 0.9% compared with January 2019. The manufacturers of capital goods showed decreases of 6.0% on the previous month. For consumer goods, a decrease in new orders of 3.5% was recorded.

Turnover -1.1% seasonally adjusted on the previous month

The price-adjusted turnover in manufacturing in February 2019 was down a seasonally and calendar adjusted 1.1% on the previous month. In January 2019, the corrected figure showed an increase of 0.9% to December 2018 (provisional: +0.6%).

The data shown here on new orders and turnover are based on the volume index of manufacturing, seasonally and calendar adjusted by means of X13 JDemetra+. (The underlying mathematical-statistical method is not fundamentally different from the previously applied method X-12-ARIMA.)

New orders and turnover are covered and evaluated in accordance with the Classification of Economic Activities, 2008 edition (WZ 2008). New orders are covered only in selected economic branches of manufacturing.

Detailed data and long time series are available from the GENESIS-Online database (indices of new orders 42151 and indices of turnover 42152).