Germany industry turnover index, euro area
Germany industry turnover index, euro area stood at 121.3 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry3 | 121.3 | 124.6 | 123.9 | 126.5 | 123.3 | 124.9 | 120.9 | 120.8 | 120.5 | 119.5 | |
| Consumer goods (Durable- and Non-durable goods) | 128.9 | 131 | 125.4 | 125.1 | 122 | 125.1 | 121.4 | 124.9 | 124.7 | 123 | |
| Intermediate goods | 109.7 | 110.2 | 109.8 | 113.2 | 111.6 | 109.5 | 104.9 | 105.9 | 109.2 | 103.5 |
Understanding germany industry turnover index, euro area
Industrial invoicing directed specifically toward the euro area forms the basis of this measure. It captures aggregate factory sales across the entire production sector, isolating export demand originating from these specific cross-border trading partners. Unlike overall foreign turnover metrics that incorporate global shipments, this index excludes all receipts from countries outside this designated currency zone. Furthermore, it spans all main industrial groupings without isolating capital goods from consumer or intermediate products. The metric operates as a nominal indicator, tracking the billed amounts before adjusting for factory-gate price shifts.
Interpreting the monthly trajectory requires assessing whether variations stem from genuine demand shifts or mere price fluctuations, as inflation directly inflates the turnover figures. Month-on-month assessments must rely exclusively on seasonally and calendar-adjusted versions of the series to filter out varying working days and conventional factory holiday closures. Because cross-border billing can fluctuate sharply with large individual contracts or supply chain disruptions, viewing a rolling three-month average offers a more reliable gauge of underlying export momentum. Base-year reweighting occasionally introduces breaks in the historical continuity, requiring caution when comparing current index levels against legacy series.
Frequently asked questions
- How does this index differ from the industrial production metric?
- While production measures the physical volume or value-added of goods manufactured, turnover tracks the nominal revenues invoiced upon sale, which includes the impact of selling prices.
- Are services tied to industrial manufacturing included in these turnover figures?
- Invoiced amounts for services directly related to the delivered industrial products, such as assembly or installation, are typically captured if they are billed together with the goods.
- Does this measure reflect the physical volume of goods shipped to the euro area?
- Because the index is based on nominal sales receipts, an upward movement might simply reflect higher factory-gate prices rather than a larger physical quantity of exported merchandise.