German metal manufacturing turnover down three percent in Mar from Feb

Monday, 11 May 2015 17:12:30 (GMT+3)   |  
       

In March this year, the seasonally and working-day adjusted turnover in the German manufacturing industry decreased by one percent compared to February, according to the preliminary data reported by Germany's Federal Statistical Office (Destatis). The working-day adjusted turnover in the German manufacturing sector in March this year increased by 0.6 percent compared to March 2014.

Meanwhile, in the first quarter of this year, the turnover in the German manufacturing industry increased by 0.8 percent on year-on-year basis.

In March of the current year, the turnover of German metal and metal product manufacturing decreased by three percent compared to February, with domestic sales decreasing by 1.3 percent and foreign sales down by 5.6 percent, month on month. In March, a decrease of 2.6 percent was recorded in the turnover in manufacture of fabricated metal products in Germany, with domestic sales decreasing by 3.4 percent and foreign sales down by 1.3 percent, both compared to the previous month.


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