Germany capital goods turnover index, non-euro area
Germany capital goods turnover index, non-euro area stood at 119.9 in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Industrial production, turnover and productivity table (Value · Monthly), with a complete series running from Jan 2003 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Industrial production, turnover and productivity table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry | 115.3 | 111.3 | 115.1 | 113.4 | 112.8 | 111.2 | 110.5 | 111.9 | 110.7 | 110.8 | |
| Capital goods | 119.9 | 112.3 | 118.6 | 115.5 | 114.9 | 115.4 | 114.1 | 117 | 113.6 | 115.3 | |
| Consumer goods (Durable- and Non-durable goods) | 116.1 | 112.9 | 114.2 | 115.2 | 117.1 | 115.3 | 114.2 | 114.7 | 119.4 | 117.3 |
Understanding germany capital goods turnover index, non-euro area
Orders billed for heavy machinery, commercial vehicles, and industrial infrastructure destined for markets beyond the single currency bloc drive this metric. This segment tracks the high-value equipment purchased by foreign businesses to produce other goods or provide services, completely excluding household retail items and basic raw materials. It serves as a strict measure of global corporate investment relying on German engineering, separated from intra-European demand and local domestic capital expenditure.
Monthly fluctuations in this category are notoriously severe, driven by the invoicing of massive, irregular projects like factory installations or fleet deliveries. For a reliable reading, analysts favor smoothed moving averages or adjusted period-on-period comparisons over raw monthly data, as a single large overseas contract can heavily distort an unadjusted timeline. Because production cycles for capital goods are lengthy, the actual shipment and billing may lag behind initial order intakes by multiple quarters. Revisions are a permanent feature of the statistical release cycle, with large capital shipments frequently requiring retrospective corrections due to complex international payment terms.
Frequently asked questions
- Are spare parts for industrial machinery tracked here?
- Replacement parts and components specifically designed for capital equipment are generally classified within this same business-investment category.
- How do large-scale infrastructure projects affect the monthly release?
- The completion and invoicing of a single massive overseas project can cause a severe, temporary spike in the nominal turnover for that specific period.
- Does this include passenger cars exported to global markets?
- Vehicles designed primarily for commercial transport are included, while standard passenger cars are typically routed into the durable consumer goods classification.