The detailed data show gross output of the machinery and equipment sector rose 11.9%, while automotive industry companies’ output climbed 12.8%, no doubt lifted by capacity expansions at the local units of Germany-based carmakers Daimler, Audi and Opel. Output of the computer, electronic and optical sector fell 7.3%.
Adjusted for the number of workdays, output rose 2.5% in July. In a month-on-month comparison, output edged up 0.3%. Domestic sales slipped 0.7% year-on-year in July, but export sales rose 4.6%.
Order stock in the manufacturing sector was up 9.1% in July from twelve months earlier. New order stock rose 5.9% as new export orders climbed 4.2% and new domestic orders jumped 17.8%.
