Press release No. 172 of 7 May 2019

March 2019 (provisional): new orders in manufacturing
+0.6% on the previous month (price, seasonally and calendar adjusted)
-6.0% on the same month a year earlier (price and calendar adjusted)

February 2019 (revised): new orders in manufacturing
-4.0% on the previous month (price, seasonally and calendar adjusted)
-8.1% 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 increased in March 2019 a seasonally and calendar adjusted 0.6% on the previous month. For February 2019, revision of the preliminary outcome resulted in a decrease of 4.0% compared with January 2019 (provisional: -4.2%). Price-adjusted new orders without major orders in manufacturing had decreased in March 2019 a seasonally and calendar adjusted 1.9% on the previous month.

Domestic orders decreased by 4.2% and foreign orders rose by 4.2% in March 2019 on the previous month. New orders from the euro area were up 8.6%, new orders from other countries increased 1.4% compared to February 2019.

In March 2019 the manufacturers of intermediate goods saw new orders fall by 1.5% compared with February 2019. The manufacturers of capital goods showed increases of 1.1% on the previous month. For consumer goods, an increase in new orders of 6.4% was recorded.

Turnover -0.2% seasonally adjusted on the previous month

The price-adjusted turnover in manufacturing in March 2019 was down a seasonally and calendar adjusted 0.2% on the previous month. In February 2019, the corrected figure showed a decrease of 0.9% to January 2019 (provisional: -1.1%).

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).