According to data released by the German Federal Statistical Office on the 5th, new industrial orders in Germany increased 1.5% month-on-month in October after seasonal and working day adjustments, driven by domestic demand. According to the data, in October, new domestic orders in Germany increased 9.9% month-on-month, and new foreign orders fell 4% month-on-month. Among them, new orders from the Eurozone increased 0.1%, and new orders from outside the Eurozone fell 6.5%. The German Federal Statistical Office said that the increase in new orders during the month was mainly due to the manufacturing of transportation equipment such as aircraft, ships, trains and military vehicles. New orders in this field increased sharply by 87.1% over the previous month. The data also showed that after adjustment for working days, new industrial orders fell 0.7% year-on-year in October. Germany's Federal Ministry of Economy and Energy issued a statement on the same day saying that new orders in Germany are currently showing an upward trend, and the October order structure was affected by stronger demand in the defense sector. However, orders from abroad, particularly from outside the Eurozone, are still weak, and are expected to continue to drag down overall exports.

Zhitongcaijing · 1d ago
According to data released by the German Federal Statistical Office on the 5th, new industrial orders in Germany increased 1.5% month-on-month in October after seasonal and working day adjustments, driven by domestic demand. According to the data, in October, new domestic orders in Germany increased 9.9% month-on-month, and new foreign orders fell 4% month-on-month. Among them, new orders from the Eurozone increased 0.1%, and new orders from outside the Eurozone fell 6.5%. The German Federal Statistical Office said that the increase in new orders during the month was mainly due to the manufacturing of transportation equipment such as aircraft, ships, trains and military vehicles. New orders in this field increased sharply by 87.1% over the previous month. The data also showed that after adjustment for working days, new industrial orders fell 0.7% year-on-year in October. Germany's Federal Ministry of Economy and Energy issued a statement on the same day saying that new orders in Germany are currently showing an upward trend, and the October order structure was affected by stronger demand in the defense sector. However, orders from abroad, particularly from outside the Eurozone, are still weak, and are expected to continue to drag down overall exports.