Press New orders in manufacturing in March 2016: +1.9% seasonally adjusted on the previous month

Press release No. 155 of 9 May 2016

WIESBADEN – Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in March 2016 a seasonally and working-day adjusted 1.9% on February 2016. For February 2016, revision of the preliminary outcome resulted in a decrease of 0.8% compared with January 2016 (primary –1.2%). Price-adjusted new orders without major orders in manufacturing had decreased in March 2016 a seasonally and working-day adjusted 0.6% on February 2016.

In March 2016, domestic orders decreased 1.2%, while foreign orders increased by 4.3% on the previous month. New orders from the euro area were up 1.1% on the previous month and new orders from other countries increased 6.2%.

In March 2016 the manufacturers of intermediate goods fell 1.2%, while the manufacturers of capital goods showed increases of 4.0% on the previous month. For consumer goods, an increase in new orders of 1.6% was recorded.

The rates of change are based on the volume index of new orders for manufacturing
(2010 = 100). Seasonal and working day adjustment is done using the Census X-12-ARIMA method.

Detailed data and long time series on the index of new orders in manufacturing are available from the GENESIS-Online database in the tables on the volume index (42151-0004). There you can also find the index of new orders excludign major orders (42151-0008).

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