Press release No. 004 of 7 January 2019

November 2018 (provisional): new orders in manufacturing
-1.0% on the previous month (price, seasonally and calendar adjusted)
-4.3% on the same month a year earlier (price and calendar adjusted)

October 2018 (revised): new orders in manufacturing
+0.2% on the previous month (price, seasonally and calendar adjusted)
-3.0% 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 November 2018 a seasonally and calendar adjusted 1.0% on the previous month. For October 2018, revision of the preliminary outcome resulted in an increase of 0.2% compared with September 2018 (primary +0.3%). Price-adjusted new orders without major orders in manufacturing had decreased in November 2018 a seasonally and calendar adjusted 0.8% on the previous month.

Domestic orders increased by 2.4% and foreign orders decreased by 3.2% in November 2018 on the previous month. New orders from the euro area were down 11.6%, new orders from other countries increased 2.3% compared to October 2018.

In November 2018 the manufacturers of intermediate goods saw new orders fall by 4.4% compared with October 2018. The manufacturers of capital goods showed increases of 1.4% on the previous month. For consumer goods, a decrease in new orders of 3.2% was recorded.

Turnover -2.4% seasonally adjusted on the previous month

The price-adjusted turnover in manufacturing in November 2018 was down a seasonally and calendar adjusted 2.4% on the previous month. In October 2018, the corrected figure showed an increase of 0.5% to September 2018 (primary +1.0%).

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).