After four bad months, November did not bring any significant improvement for the business of German manufacturers of industrial valves. At the same time, volatility seems to be increasing. Domestic business contracted again by 7 per cent. Foreign business, on the other hand, increased by 5 per cent compared with the same period last year. Business in the euro zone improved by 6 per cent. However, it does not look like there will be a sustained turnaround. Overall, sales in November thus remain at the previous year's level.