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German June Manufacturing Turnover Drops

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Monday, Germany's Federal Statistical Office announced that the manufacturing turnover in real terms decreased a working day adjusted 17.7% year-over-year in June, compared with a 19% fall in May.

The domestic turnover declined 13.5% on an annual basis in June, while the revenue from business with foreign customers dipped 22.3%.

Month-on-month, manufacturing turnover increased a seasonally and working day adjusted 1.5% in June, after falling 4.4% in May, revised from 4.6% drop reported earlier.

Monday, Germany's Federal Statistical Office announced that the manufacturing turnover in real terms decreased a working day adjusted 17.7% year-over-year in June, compared with a 19% fall in May. (Market News Provided by RTTNews)

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