orders stock in the processing industry slightly decreased
The order inventory in the processing industry has also decreased slightly in May, as the Statistical Office in Wiesbaden announced on a Wednesday. The real stock decreased by 0.4 percent compared to the previous month. In a calendar-adjusted comparison, the order inventory was 5.4 percent lower in the year.
According to statisticians, the decline in order inventory was once again mainly due to the development in the automobile industry. The order inventory in the automobile industry had already decreased for the 16th time in a row in April, albeit only by 0.8 percent, not as strongly as in the previous month (minus 3.0 percent). The sectors of data processing equipment, electronic and optical devices, and metal products also contributed to the decline.
The reach of the order inventory was 7.2 months. This describes the time that companies would theoretically have to produce and deliver orders without new order intakes to exhaust their existing orders.
Despite the decrease in the automobile industry, some companies may still consider placing trade orders to replenish their inventory. However, the overall trade order inventory may not increase significantly, as the industry-wide inventory levels continue to decrease.
