German manufacturing stock of orders up 0.5% in Dec 2023 MoM

The stock of orders had decreased for five consecutive months before. Compared with December 2022, the calendar-adjusted stock of orders was down by 5.1 per cent in December last year.

Unfilled foreign orders in December 2023 were up by 0.2 per cent over November and the stock of domestic orders was up by 0.9 per cent.

The stock of orders for producers of capital goods rose by 0.3 per cent, and producers of intermediate goods witnessed a rise of 1.3 per cent. The stock of orders for producers of consumer goods contracted by 0.3 per cent, a Destatis release said.

ALCHEMPro News Desk (DS)