World Footwear

World

Germany's manufacturing: new orders up by 1.4%

Mar 18, 2021 Germany
Germany's manufacturing: new orders up by 1.4%
According to provisional results from the Federal Statistical Office (Destatis), real (price adjusted) new orders increased by a seasonally and calendar adjusted 1.4% in January 2021 compared with December 2020
Compared with January 2020, the increase in calendar adjusted new orders amounted to +2.5%. Compared with February 2020, the month before restrictions were imposed due to the COVID-19 pandemic in Germany, new orders in January 2021 were 3.7% higher in seasonally and calendar adjusted terms.

Domestic orders decreased by 2.6% and foreign orders increased by 4.2% in January 2021 on the previous month. New orders from the euro area went up by 3.9%, and new orders from other countries increased by 4.4% compared with December 2020.

In January 2021, the manufacturers of intermediate goods saw new orders increase by 0.2% compared with December 2020. The manufacturers of capital goods saw an increase of 3.3% on the previous month. Regarding consumer goods, new orders fell by 5.8%.

Turnover

According to the same source, real turnover in manufacturing (seasonally and calendar adjusted) stood at -1.1% in January 2021, compared to the previous month. Compared with January 2020, the decrease in calendar adjusted turnover amounted to -2.2%. For December 2020, revision of the preliminary outcome resulted in an increase of 2.0% compared with November 2020 (provisional: +1.9%).

Image credits: Clayton Cardinalli on Unsplash

Related Events

  • Jul
    4
    Jul 4-Jul 5, 2024 | Berlin, Germany

    Seek

  • Jul
    26
    Jul 26-Jul 29, 2024 | Düsseldorf, Germany

    Supreme W&M Düsseldorf

  • Jul
    27
    Jul 27-Jul 29, 2024 | Düsseldorf, Germany

    Neonyt Düsseldorf

  • Aug
    10
    Aug 10-Aug 13, 2024 | Munich, Germany

    Supreme W&M Munich

Related Organizations

  • PFI Germany -  Test and Research Institute Pirmasens

    PFI Germany - Test and Research Institute Pirmasens

    Germany
  • DLM Leather Museum Offenbach

    DLM Leather Museum Offenbach

    Germany
  • ISC - International Shoe Competence Center Pirmasen

    ISC - International Shoe Competence Center Pirmasen

    Germany
  • FILK - Research Institute of Leather and Plastic Sheeting

    FILK - Research Institute of Leather and Plastic Sheeting

    Germany