Strong growth for electrical industry

In February orders surpassed last year’s level by 5.8%, as announced by the ZVEI in Frankfurt.

At the beginning of the year incoming orders had fallen slightly again by 0.3%. German goods were most in demand by customers in the Eurozone, where orders were 14.3% higher than last year, whereas orders from third countries fell by 0.5%. On the home market there was a plus of 7.2%.

The turnover of the German electrical companies rose by 5.3% in February 2016 to EUR 14.4 bn.