Manufacturing Orders in Germany decreased by 3.7% MoM in October 2023

06 December 2023

Real (price adjusted) new orders in manufacturing were down 3.7% in October 2023 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that new orders were 4.6% lower in the period from August to October 2023 than in the previous three months. New orders excluding large-scale orders were up 0.7% in October 2023 compared with the previous month. After revision of the provisional results, new orders in September 2023 increased by 0.7% compared with August 2023 (provisional figure: +0.2%).
Source: Destatis
Post by: Republic of Türkiye Ministry of Trade