Half-year balance sheet: Electrical industry with strong increase in orders - Confidence growing
Orders from customers from abroad fell 11.3 percent in June
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Summary
Orders from customers from abroad fell 11.3 percent in June. The strong increase in orders of 13.3 percent in June, on the other hand, is due solely to domestic orders, which rose unusually significantly by 60.7 percent in the same month last year. “Large orders in the field of information and communication technology were the central drivers,” as ZVEI chief economist Andreas Gontermann explained. The German electrical and digital industry closed the first half of the year with an increase in orders and is again looking forward more optimistically.
Furthermore, 29 percent of the companies were affected, three months earlier it was 19 percent. With around 865,000 employees, the industry is concerned about the development of the Persian Gulf. The increase in orders in the first half of the year comes in approximately equal parts from Germany (plus 9.7 percent) and abroad (plus 9.4 percent).
In addition, 9.5 percent more orders than in the prior-year period, the industry recorded until the end of June, as the industry association ZVEI in Frankfurt announced. The mood in companies is improving: both the assessment of the current situation and general business expectations were noticeably better in the latest survey.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Orders from customers from abroad fell 11.3 percent in June.
reliability low1/3 sourcesThe strong increase in orders of 13.3 percent in June, on the other hand, is due solely to domestic orders, which rose unusually significantly by 60.7 percent in the same month last year. “Large orders in the field of information and communication technology were the central drivers,” as ZVEI chief economist Andreas Gontermann explained.
reliability low1/3 sourcesThe German electrical and digital industry closed the first half of the year with an increase in orders and is again looking forward more optimistically.
reliability low1/3 sources29 percent of the companies were affected, three months earlier it was 19 percent.
reliability low1/3 sourcesWith around 865,000 employees, the industry is concerned about the development of the Persian Gulf.
reliability low1/3 sourcesThe increase in orders in the first half of the year comes in approximately equal parts from Germany (plus 9.7 percent) and abroad (plus 9.4 percent).
reliability low1/3 sources9.5 percent more orders than in the prior-year period, the industry recorded until the end of June, as the industry association ZVEI in Frankfurt announced.
reliability low1/3 sourcesThe mood in companies is improving: both the assessment of the current situation and general business expectations were noticeably better in the latest survey.
reliability low1/3 sources
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