The German industry has seen the end of 2020, for the first time in eight months, a decline in orders. In December, orders fell by 1.9 percent compared to the previous month, according to the Federal Ministry of economic Affairs. Thus, the decline was more than expected. In November, there had been an increase of 2.7 percent.
However, the pre-crisis level has been surpassed by the catching up of the past few months now noticeably: Measured at February 2020, the month before the start of the restrictions in the Wake of the Corona pandemic, there are the orders in order to 2.6 percent higher. For the full year 2020, however, the order intake of the calendar was adjusted to 7.2 per cent lower than in the previous year.
“The order of inputs in the manufacturing sector declined in December in the face of increased lockdowns something,” said the Ministry. They were significantly higher than the level before the outbreak of the pandemic in the fourth quarter of 2019.
In November begun and, most recently, stricter Shutdown in the first line of restaurateurs, service providers and center-to provide dealers. The industry can build on the fact that the foreign business with the expected recovery of the global economy stronger in the swing.
In December, however, the export orders fell 2.6 percent more than Germany, with a 0.9 percent. The orders of the second pandemic wave is strongly affected Eurozone by 7.5 percent, while the rose from the remaining abroad, however, by 0.5 percent.
