capital goods – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 12 Oct 2023 10:44:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Germany’s Industrial Production in August 2023: -0.2% Monthly Decline and -2.0% Year-on-Year, Varied Impact Across Sectors https://www.muhasebenews.com/en/germanys-industrial-production-in-august-2023-0-2-monthly-decline-and-2-0-year-on-year-varied-impact-across-sectors/ https://www.muhasebenews.com/en/germanys-industrial-production-in-august-2023-0-2-monthly-decline-and-2-0-year-on-year-varied-impact-across-sectors/#respond Thu, 12 Oct 2023 10:44:27 +0000 https://www.muhasebenews.com/?p=147059 Production in industry
August 2023 (in real terms, provisional):
-0.2% on the previous month (seasonally and calendar adjusted)
-2.0% on the same month a year earlier (calendar adjusted)

July 2023 (in real terms, revised):
-0.6% on the previous month (seasonally and calendar adjusted)
-1.7% on the same month a year earlier (calendar adjusted)

Production in industry in real terms (price adjusted) was down 0.2% in August 2023 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that production was 1.9% lower in the period from June to August 2023 than in the previous three months. After revision of the provisional data, production in July 2023 decreased by 0.6% compared with the previous month (provisional figure: -0.8%).

Different developments can be observed in the economic sectors of industry. A drop in production in construction (-2.4% on the previous month, seasonally and calendar adjusted) and in energy production (-6.6%) had a negative impact on overall performance in August 2023. The decline observed in the manufacture of machinery and equipment by 2.3% was also an important contributor to the overall result. By contrast, the growth in production in the automotive industry (+7.6%) had a positive impact on overall performance. This follows a decline of 9.4% in this sector in July 2023.

In August 2023, production in industry excluding energy and construction was up 0.5% from July 2023 after seasonal and calendar adjustment. The production of capital goods rose by 1.3% and that of intermediate goods by 0.5%. The production of consumer goods declined by 1.4%.

Compared with August 2022, production in industry was down 2.0% in August 2023 after adjustment for calendar effects. Production in industry excluding energy and construction decreased by 0.7% over the same period.

Source: DESTAIS
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]]> https://www.muhasebenews.com/en/germanys-industrial-production-in-august-2023-0-2-monthly-decline-and-2-0-year-on-year-varied-impact-across-sectors/feed/ 0 2021 to be Breakthrough for Turkey thanks to Industrial Success https://www.muhasebenews.com/en/2021-to-be-breakthrough-for-turkey-thanks-to-industrial-success/ https://www.muhasebenews.com/en/2021-to-be-breakthrough-for-turkey-thanks-to-industrial-success/#respond Fri, 22 Jan 2021 10:04:47 +0000 https://www.muhasebenews.com/?p=102255
​​“With reforms put into place in the areas of law, economy and health, 2021 is slated to be a progress year for our country,” stated Minister of Industry and Technology Mustafa Varank on January 13.
Commenting on the latest industrial production data released by the Turkish Statistical Institute (TurkStat), Minister Varank said that Turkey’s seasonally and calendar-adjusted industrial production index in November 2020 has recorded its largest annual rise since January 2018. The figure soared by 1.3 percent in November when compared to October, while calendar-adjusted industrial production mounted by 11 percent annually. Also, high-tech products emerged as the driving force behind Turkey’s total industrial production with a 13.7 percent increase, Minister Varank said.
Evaluating Turkey’s success with a 3.6 percent increase in capital goods, Minister Varank further emphasized that it was a signal that Turkey’s investment appetite was set to continue in 2021.

Source: Republic of Turkey Investment Office
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/2021-to-be-breakthrough-for-turkey-thanks-to-industrial-success/feed/ 0 Non-Domestic Producer Price Index, April 2017 https://www.muhasebenews.com/en/non-domestic-producer-price-index-april-2017/ https://www.muhasebenews.com/en/non-domestic-producer-price-index-april-2017/#respond Wed, 31 May 2017 08:50:55 +0000 https://www.muhasebenews.com/?p=16864 Non-domestic producer price index increased by 0.04%
Non-domestic producer price index (ND-PPI), which measures the change in the price of goods manufactured in the country and exported in a reference period, increased by 0.04% on monthly basis, by 6.81% on December of the previous year basis, by 26.38% on same month of the previous year basis and by 12.26% on the twelve months moving averages basis in April 2017.

ND-PPI monthly decreased by 0.18% in the index for mining and stone quarrying and increased by 0.05% in the index for manufacturing.

Non-domestic producer price index, annual change on same month of the previous year, 2016-2017
[2010=100]
The highest monthly increase was in coke and refined petroleum products
The highest rates of monthly increase by sub divisions of industry were indices for coke and refined petroleum products by 5.99%, for chemicals and chemical products by 1.47%, and for metal ores by 1.21%. On the other hand the highest rates of monthly decrease in ND-PPI by sub divisions of industry were indices for printing and recording services by 3.22%, for beverages by 2.20% and for wearing apparel by 1.60%.

The highest monthly increase in main industrial groupings was in energy goods
According to main industrial groupings classification, the highest rates of monthly and annual increases were in energy goods in April 2017.

Non-domestic producer price index and rate of changes, April 2017
[2010=100]

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/non-domestic-producer-price-index-april-2017/feed/ 0 Non-Domestic Producer Price Index of Turkey, March 2017 https://www.muhasebenews.com/en/non-domestic-producer-price-index-of-turkey-march-2017/ https://www.muhasebenews.com/en/non-domestic-producer-price-index-of-turkey-march-2017/#respond Thu, 20 Apr 2017 09:05:32 +0000 https://www.muhasebenews.com/?p=14172 Non-domestic producer price index increased by 0.48%
Non-domestic producer price index (ND-PPI), which measures the change in the price of goods manufactured in the country and exported in a reference period, increased by 0.48% on monthly basis, by 6.76% on December of the previous year basis, by 25.76% on same month of the previous year basis and by 10.44% on the twelve months moving averages basis in March 2017.

ND-PPI monthly increased by 1.94% in the index for mining and stone quarrying and by 0.45% in the index for manufacturing.

Non-domestic producer price index, annual change on same month of the previous year, 2016-2017
[2010=100]
The highest monthly increase was in metal ores
The highest rates of monthly increase by sub divisions of industry were indices for metal ores by 3.60%, for leather and related products by 2.67%, and for other manufactured goods by 2.27%. On the other hand the highest rates of monthly decrease in ND-PPI by sub divisions of industry were indices for coke and refined petroleum products by 7.48%, for printing and recording services by 1.63% and for machinery and equipment n.e.c. by 0.82%.

The highest monthly increase in main industrial groupings was in durable consumer goods
According to main industrial groupings classification, the highest rate of monthly increases was in durable consumer goods and the highest rate of annual increases was in energy goods in March 2017.

Non-domestic producer price index and rate of changes, March 2017
[2010=100]

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/non-domestic-producer-price-index-of-turkey-march-2017/feed/ 0 Domestic Producer Price Index in Turkey, February 2017 https://www.muhasebenews.com/en/domestic-producer-price-index-in-turkey-february-2017/ https://www.muhasebenews.com/en/domestic-producer-price-index-in-turkey-february-2017/#respond Mon, 27 Mar 2017 13:14:07 +0000 https://www.muhasebenews.com/?p=12042 Domestic producer price index increased by 1.26%
Domestic producer price index (D-PPI) increased by 1.26% on monthly basis, by 5.29% on December of the previous year basis, by 15.36% on same month of the previous year basis and by 5.87% on the twelve months moving averages basis in February 2017.

Domestic producer price index rate of changes, 2016-2017
[2003=100]
Domestic producer price index, annual change on same month of the previous year, 2016-2017
[2003=100]

D-PPI increased by 2.39% for mining and stone quarrying, increased by 1.36% for manufacturing, decreased by 0.68% for electricity and gas and increased by 1.91% for water supply compared with the previous month.

Domestic producer price index and rate of changes, February 2017
[2003=100]

The highest monthly increase was in crude petroleum and natural gas
The highest rates of monthly increase in D-PPI by sub divisions of industry were crude petroleum and natural gas by 9.68%, tobacco products by 3.67%, paper and paper products by 3.41%. On the other hand the highest rate of monthly decrease in D-PPI by sub divisions of industry was index for electricity, gas, steam and air conditioning by 0.68%.

The highest monthly increase in main industrial groupings was in intermediate goods

According to main industrial groupings classification in February 2017, the highest rates of monthly and annual increase were in intermediate goods.

Domestic producer price index main industrial groupings and rate of changes, February 2017
[2003=100]

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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