New Car Registrations y/y reflect a change in the number of newly registered passenger vehicles in Germany, in the current month compared to the same month of the previous year. On the fourth working day of each month, the Federal Motor Transport Authority KBA, which is a member of the European Automobile Manufacturers Association ACEA, publishes data on the number of newly registered cars during the past month. Separate data are available by vehicle type, manufacturer and region.
Data for the report calculation is collected from local regulatory authorities and insurance companies. The report only includes new cars, which received the plates for the first time. Any cars which have already been previously registered in the country or abroad are excluded from the report. Thus the registration data directly reflects car sales.
The indicator growth demonstrates consumption growth and a favorable economic situation in the country. However, car sales and registrations can also be affected by non-economic factors, such as tightening of environmental standards. Therefore, the effect of the indicator on currency quotes is limited. Generally, higher than expected values may have a positive effect on euro quotes.
The chart of the entire available history of the "Germany New Car Registrations y/y" macroeconomic indicator.
Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.
The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.
Use official plugin for WordPress websites