By Gokhan Ergocun
ISTANBUL (AA) - New orders in the German manufacturing industry posted a slight gain of 1.1% on a monthly basis in September, the federal statistical authority Destatis said on Wednesday.
The increase stemmed from the month-on-month increases seen in the automotive industry (3.2%) and the manufacture of electrical equipment (9.5%).
The growth in new orders for the manufacture of other transport equipment with 7.5% also had a positive effect.
By contrast, a decline in new orders for the manufacture of fabricated metal products, 19%, dragged down overall performance.
Real turnover in manufacturing in September was down 2.1% in the previous month.
Meanwhile, factory orders decreased 4.3% year-on-year.
On a yearly basis, the turnover in manufacturing was 2.7% lower.