Press release No. 120 of 6 April 2020
February 2020 (provisional): new orders in manufacturing
-1.4% on the previous month (price, seasonally and calendar adjusted)
+1.5% on the same month a year earlier (price and calendar adjusted)
January 2020 (revised): new orders in manufacturing
+4.8% on the previous month (price, seasonally and calendar adjusted)
-0.8% on the same month a year earlier (price and calendar adjusted)
WIESBADEN – In February, the coronavirus pandemic did not yet have any notable impact on new orders in Germany. Price adjusted new orders in manufacturing fell a seasonally and calendar adjusted 1.4% in February 2020 on the previous month according to provisional results of the Federal Statistical Office (Destatis). Price-adjusted new orders without major orders in manufacturing increased in February 2020 a seasonally and calendar adjusted 1.1% on the previous month. The data on new orders and turnover do not include the current results of the local units in Rheinland-Pfalz; these figures were estimated.
Domestic orders increased by 1.7% and foreign orders fell by 3.6% in February 2020 on the previous month. New orders from the euro area went down 5.0%, and new orders from other countries decreased by 2.7% compared with January 2020.
In February 2020 the manufacturers of intermediate goods saw new orders increase by 0.9% compared with January 2020. The manufacturers of capital goods saw a decrease of 3.4% on the previous month. Regarding consumer goods, new orders rose 1.7%.
For January 2020, revision of the preliminary outcome resulted in an increase of 4.8% compared with December 2019 (provisional: +5.5%)..
Turnover +0.1% (seasonally adjusted) on the previous month
According to provisional results, price-adjusted turnover in manufacturing in February 2020 went up a seasonally and calendar adjusted 0.1% on the previous month. In January 2020, the corrected figure showed an increase of 1.1%, compared to December 2019 (provisional: +2.0%).
Methodological notes
The data 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.
Due to the currently restricted operation of the Land Statistical Office of Rheinland-Pfalz, it was not possible to incorporate the reports of the local units in Rheinland-Pfalz in February 2020 into the provisional results published in this press release. If they are available in time, the data will be incorporated into the revised results of the indices of new orders and turnover in manufacturing.
Detailed data and long time series are available from the GENESIS-Online database (indices of new orders 42151-0004, indices of new orders excluding major orders 42151-0008 and turnover indices 42152-004).
