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Manufacturing in Germany

  • Germany Wholesale Prices Data Due On Monday

    GERMANY, 2014/10/13 As risk aversion shakes the world financial markets and amid expectations that the world central banks are heading towards policy divergence, traders look forward to the unfolding week, sifting for clues on the economic outlook. However, the week presents very little in terms of market moving economic numbers. At 2 am ET, German statistical office Destatis is expected to release its wholesale prices statement for September. In August, wholesale prices had declined 0.2 % month-over-month and 0.6 % year-on-year.

  • German Factory Orders Fall Most Since 2009

    GERMANY, 2014/10/06 German factory orders declined at the fastest pace since January 2009, largely driven by a fall in capital goods request, data from Destatis showed Monday. Factory orders fell 5.7 % month-over-month in August following the 4.9 % rise in July. This was additional than the 2.5 % drop expected by economists and the biggest since January 2009, at the same time as orders were down 7.7 %. Domestic orders slid 2 % and foreign orders plunged 8.4 % in August. As regards the direction of foreign trade transactions, request from Eurozone slid 5.7 % and that from other nations slumped 9.9 %.

  • German Factory Order Growth Accelerates More Than Forecast

    GERMANY, 2014/04/07 Germany's factory new order increase exceeded expectations on robust domestic request in February, official data showed Friday. Factory orders advanced 0.6 % from the previous month, Destatis said. Economists had estimate orders to rise 0.2 % next posting a 0.1 % gain in January, which was revised down sharply from 1.2 %. Domestic orders climbed 1.2 %, while foreign orders grew only 0.2 %. The manufacturers of intermediate and capital goods recorded increases in orders of 1.2 % and 0.4 %, respectively. For capital goods, however, a decrease in orders of 0.8 % was reported.

  • Germany's manufacturing orders recovered at a faster-than-expected

    GERMANY, 2013/11/07 Germany's manufacturing orders recovered at a faster-than-expected pace in September, supported by a further strong rise in request for capital goods, signaling continued development in the domestic economy at the start of the fourth quarter. New business placed with German manufactures climbed a seasonally and schedule-adjusted 3.3 % from August, at the same time as they decreased by 0.3 %, data from the Federal Ministry of Economics and Technology showed Wednesday. The increase rate far exceeded the 0.5 % gain economists had estimate. In July, the manufacturing sector had recorded a 2 % fall in request.

  • German Manufacturing Turnover Declines For Second Month

    GERMANY, 2012/12/10 Germany's manufacturing turnover fell for a second consecutive month in October, but at a slower pace compared to September, data released by the Federal Statistics Office of Germany showed on Monday. Manufacturing turnover fell a seasonally-and-working-day adjusted 0.8 % month-on-month, after falling 3 % in September. In August, turnover rose 0.2 %.

  • Decline In German Factory Orders Exceeds Forecast 2012-10-07

    GERMANY, 2012/10/07 Germany's factory orders declined extra than expected in August on weak domestic orders, suggesting that the economy gained only limited support from private consumption. Orders fell 1.3 % from a month ago, when it rose 0.3 %, the Federal Ministry of Economics and Technology reported Friday. Bookings were estimate to decline by 0.5 %.   The safety net gets thinner and thinner, said ING Bank NV's economist Carsten Brzeski, who expects the downswing of the German industry to continue.
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