Press release No. 077 of 6 March 2020
January 2020 (provisional): new orders in manufacturing
+5.5% on the previous month (price, seasonally and calendar adjusted)
-1.4% on the same month a year earlier (price and calendar adjusted)
December 2019 (revised): new orders in manufacturing
-2.1% on the previous month (price, seasonally and calendar adjusted)
-8.9% on the same month a year earlier (price and calendar adjusted)
WIESBADEN – Price adjusted new orders in manufacturing rose a seasonally and calendar adjusted 5.5% in January 2020 on the previous month according to provisional results of the Federal Statistical Office (Destatis). The increase was due to major orders especially in the manufacture of air and spacecraft and of machinery and equipment. However, even excluding major orders, new orders in manufacturing were up a seasonally and calendar adjusted 2.3% in January 2020 on the previous month, which was due to a good general order situation in many economic branches.
Domestic orders decreased by 1.3% and foreign orders rose by 10.5% in January 2020 on the previous month. New orders from the euro area went up 15.1%, and new orders from other countries increased by 7.8% compared with December 2019.
In January 2020 the manufacturers of intermediate goods saw new orders increase by 3.5% compared with December 2019. The manufacturers of capital goods saw an increase of 7.1% on the previous month. Regarding consumer goods, new orders rose 2.9%.
For December 2019, compared with November 2019, resulted in a decrease of 2.1%, which confirmed the provisional result published earlier.
Turnover +2.0% (seasonally adjusted) on the previous month
According to provisional results, price-adjusted turnover in manufacturing in January 2020 went up a seasonally and calendar adjusted 2.0% on the previous month. In December 2019, the corrected figure showed a decrease of 0.7%, compared to November 2019 (provisional: -1.3%).
Methodological notes
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 42151-0004, indices of new orders excluding major orders 42151-0008 and turnover indices 42152-004).
