MIL OSI Translation. Region: Germany / Deutschland –
Source: Destatis-Federal Statistical Office
Press release no. 183 from 25. May 2020
Order intake in the construction industry, March 2020-10,5 % month-on-month (real, seasonally and calendar adjusted)-10.3% in the previous month (in real terms, adjusted for calendar effects)of -4.2% year-on-year month (in nominal terms)
WIESBADEN – The real (price-adjusted) order intake in the construction industry was, according to the Federal Statistical office (Destatis), in March 2020, the seasonal and calendar effects, was 10.5% lower than in February 2020. Such declines in the seasonal and calendar effects adjusted order is not input are unusual. Nevertheless, this development suggests that companies have postponed planned construction projects due to economic uncertainty in the Corona-crisis. This is also the year-on-year can be compared include: the real orders in the construction industry in March 2020 calendar effects, and 10.3 % lower than in March 2019.
The chart could not be loaded
In the less volatile three-month comparison, the real volume of the season and the calendar fell – adjusted order intake from January to March 2020, compared with October to December 2019 4.3 %. Compared to the same period last year, the real order intake declined in the first three months of the year 2020 calendar-adjusted 2.9 %.
Without price adjustment significantly weaker decline in order intake
Nominal (not price adjusted) was of the order intake in the construction industry in March 2020, around 7.9 billion Euro. The were due to the sharp rise in construction prices only 4.2 % less than in March 2019 (€8.2 billion), but according to the record result of the previous year, still the second highest value since the beginning of the time series in 1991. In comparison to the prior-year period, order intake rose in the first three months of 2020 in nominal terms by 0.9 %.
Further information:will be Recorded in local units of enterprises with 20 and more persons employed. Further methodological notes are available in the Explanatory notes to the statistics and the Explanation of the seasonal adjustment, as well as in the Quality reports for the construction industry.
Basic data and long time series for the construction industry on the tables Monthly report in construction (44111) in the GENESIS-Online database, as well as under the heading Economic indicators be retrieved.
Contactfor further information
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure need be perfect.