Press Manufacturing in August 2018: New orders +2.0% seasonally adjusted on the previous month


Press release No. 380 of 5 October 2018

August 2018 (provisional): new orders in manufacturing
+2.0% on the previous month (price, seasonally and calendar adjusted)
-2.1% on the same month a year earlier (price and calendar adjusted)

July 2018 (revised): new orders in manufacturing
-0.9% on the previous month (price, seasonally and calendar adjusted)
-0.8% 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 increased in August 2018 a seasonally and calendar adjusted 2.0% on the previous month. For July 2018, there was a decrease of 0.9% compared with June 2018, thus confirming the provisional result published in the previous month. Price-adjusted new orders without major orders in manufacturing had increased in August 2018 a seasonally and calendar adjusted 3.3% on the previous month.

Domestic orders decreased by 2.9% and foreign orders increased by 5.8% in August 2018 on the previous month. New orders from the euro area were down 2.2%, new orders from other countries increased 11.1% compared to July 2018.

In August 2018 the manufacturers of intermediate goods saw new orders fall by 0.1% compared with July 2018. The manufacturers of capital goods showed increases of 3.4% on the previous month. For consumer goods, an increase in new orders of 2.1% was recorded.

Turnover +0.1% seasonally adjusted on the previous month

The price-adjusted turnover in manufacturing in August 2018 was up a seasonally and calendar adjusted 0.1% on the previous month. In July 2018, the corrected figure shows a decrease of 1.3% to June 2018 (primary -1.8%).

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).

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