German metal manufacturing turnover down 1.7% in Jan from Dec

Monday, 11 March 2013 11:57:29 (GMT+3)   |   Istanbul
       

In January this year, the seasonally and working-day adjusted turnover in the German manufacturing industry fell by 0.3 percent compared to the previous month, following a revised month-on-month increase of 0.3 percent in December 2012, according to the preliminary data reported by Germany's Federal Statistical Office (Destatis). The working day adjusted turnover in the manufacturing sector in January 2013 was lower by three percent compared to January 2012.
 
In January, the greatest month-on-month turnover decrease in the German manufacturing sector was observed in mechanical engineering with a fall of 3.8 percent. In the mechanical engineering segment, in the given month there was a 2.8 percent increase in domestic sales and a 7.5 percent fall in foreign sales.
 
In January, the turnover of German metal and metal product manufacturing decreased 1.7 percent as compared to December, with domestic sales increasing by 2.7 percent, while foreign sales were down by 7.8 percent, month on month. In January, a 1.1 percent month-on-month increase was recorded in the turnover in manufacture of fabricated metal products, with domestic sales increasing 2.3 percent and foreign sales down by 1.2 percent, both compared to the previous month.
 
Meanwhile, in the month in question, a month-on-month fall of three percent was seen in the turnover in German manufacture of motor vehicles and motor vehicle parts. In the segment in question, in January there was a 4.4 percent turnover decrease in domestic sales and a 2.2 percent fall in foreign sales, month on month.

Similar articles

Jobs in German metal manufacture down one percent in May

15 Jul | Steel News

German metal manufacturing turnover stable between Apr and May

09 Jul | Steel News

Jobs in German motor vehicle manufacture up 1.9% in Apr

17 Jun | Steel News

German metal manufacturing turnover up 2.1% in Apr over Mar

10 Jun | Steel News

Jobs in German motor vehicle manufacture up 2% in Mar

15 May | Steel News

German motor vehicle manufacturing turnover up 10.1% in Mar over Feb

10 May | Steel News

Jobs in German metal manufacturing down 0.8% in Feb

15 Apr | Steel News

Jobs in German motor vehicle manufacture up 2.1% in Jan

15 Mar | Steel News

German metal manufacturing turnover down 4.5% in Aug from July

09 Oct | Steel News

Employment in German metal product manufacturing up 4% in June

15 Aug | Steel News