As per IFO-Index figures, the growth rate for German textiles in 2018 is not satisfactory, though slightly ahead of the values of last year. The apparel sector on the other hand, is on a decline. The proceeds of the two sectors in the current year are below 0.7 per cent of the ones registered in the same period last year.

The turnover in apparels segment till July 2018, declined over 2.8 per cent as compared to the corresponding period last year. The sector also suffered from the unusual warm and long summer. Texiles reported an increase of 0.6 per cent in July 2018, which is slightly above the same period last year. Domestic production declined in both segments, however more markedly in textiles, which reported 4.1 per cent decline in July compared to apparels which declined by 0.5 per cent.

In the past months intake of textile orders increased steadily, resulting in a positive order log at +7.1 per cent against 2017. The apparel sector however reported a lower order backlog and grew by over 1.0 per cent above 2017.