German metal manufacturing turnover up by 0.2pct MoM in Sept

According to the preliminary data reported by Germany’s Federal Statistical Office, in September 2012, the seasonally and working day adjusted turnover in the German manufacturing industry fell by three percent compared to the previous month, following a revised month on month increase of 0.2% in August 2012.

In September 2012, the greatest month on month turnover decrease in the German manufacturing sector was observed in the manufacture of motor vehicles and motor vehicle parts with a fall of 7.4%. In the motor vehicles and motor vehicle parts segment, in the given month there was a three percent decrease in domestic sales and a 9.8% fall in foreign sales.

In September 2012, the turnover of German metal and metal product manufacturing increased 0.6% as compared to August 2012, with domestic sales increasing by 3.2%, while foreign sales were down by 3.6% MoM.

Meanwhile, a 2.9% MoM decrease was recorded in the turnover in manufacture of fabricated metal products, with domestic sales decreasing 2.4% MoM and foreign sales down by 4% MoM, both compared to the previous month.

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