Manufacturing in June 2021: new orders up 4.1% on the previous month
Compared with February 2020, which was the month before restrictions were imposed due to the corona pandemic in Germany, new orders in June 2021 were 11.2% higher in seasonally and calendar adjusted terms. Compared with June 2020 (-11.4% compared to June 2019), the increase in calendar adjusted new orders amounted to +26.2%.
Domestic orders increased by 9.6%. Major orders had a substantial effect on the domestic result of the month. Foreign orders went up by 0.4% in June 2021 on the previous month. New orders from the euro area increased 1.3%, and new orders from other countries fell by 0.2% compared with May 2021.
In June 2021, the manufacturers of intermediate goods saw new orders increase by 1.4% compared with May 2021. The manufacturers of capital goods saw an increase of 6.8% on the previous month. Regarding consumer goods, new orders fell by 1.1%.
For May 2021, the revision of the preliminary outcome resulted in a decrease of 3.2% compared with April 2021 (provisional: -3.7).
Related news
The foot-and-mouth disease epidemic is slowly ending, but a solution must be found to its economic effects
The foot-and-mouth disease epidemic affecting even-toed ungulates broke out in…
Read more >AI can bring more than the industrial revolution
The impact of artificial intelligence (AI) on the global economy…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >