Real new orders in German manufacturing down 2.9% MoM in Jul 2025

When large-scale orders are excluded, new orders were 0.7 per cent higher MoM.

The less volatile quarter-on-quarter (QoQ) comparison showed that new orders during May-July 2025 were 0.2 per cent higher; when large-scale orders are excluded, these were down 1.3 per cent QoQ.

New orders for capital goods were down by 2.4 per cent MoM in July and the same for intermediate goods were down by 5.3 per cent MoM, whereas for consumer goods, these were up by 4.3 per cent MoM in the month.

Foreign orders dropped by 3.1 per cent MoM in July 2025. Here, orders from the euro area decreased by 3.8 per cent MoM and orders from outside the euro area declined by 2.8 per cent MoM. Domestic orders fell by 2.5 per cent MoM in the month.

After revision of the provisional data, new orders in June this year decreased by 0.2 per cent MoM; the provisional figure was a 1-per cent drop. The revision is due to corrected data that were subsequently reported by a large enterprise in the automotive industry.

According to provisional figures, seasonally- and calendar-adjusted real manufacturing turnover in July 2025 was up by 0.9 per cent MoM. The calendar-adjusted turnover was 2.3 per cent higher year on year in the month.

After revision, there was an increase of 1.4 per cent MoM in real manufacturing turnover in June 2025; the provisional figure was a rise of 0.9 per cent.

ALCHEMPro News Desk (DS)