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German textile turnover down in January

The turnover of the textile sector in Germany slowed down in January 2015. On the other hand, turnover of retailers increased in January 2015 as compared to December 2014. Turnover in technical textiles, including nonwovens, is tending upwards. This is in contrast to the classic textile segments.

Domestic production has fallen in clothing by 9.4 per cent and in textiles by 2.5 per cent. The order situation also shows lower values in January 2015. It dropped in textiles by 3.3 per cent and in clothing by 23.6 per cent. Exports fell in comparison to January 2014 by 3.7 per cent. Textile imports increased 0.2 per cent. Clothing exports were 8.4 per cent lower in January 2015 whereas imports increased by 3.9 per cent. Trade surplus of both segments increased 16.6 per cent against January 2014.

Raw material import decreased in January against the same month of 2014 by 6.2 per cent. Working hours are decreasing in both sectors. Textile working hours dropped by 3.1 per cent and clothing working hours by 4.8 per cent. Thus the total working hours in both sectors were 3.7 per cent lower than in January 2014. Producer prices increased further slightly in January 2015, in clothing by 1.3 per cent and in textiles by 0.3 per cent.

 
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