Overview
- Destatis reported manufacturing orders up 1.5% month over month in October, or 0.5% when large contracts are excluded.
- The increase was driven by an 87.1% surge in ‘other vehicle construction’ from a single large order; the economy ministry said defense-related procurement shaped the reading, while metals rose 11.9% and electrical equipment fell 16.2%.
- Orders from the domestic market jumped 9.9%, whereas foreign orders fell 4.0%, with a 0.1% uptick from the euro area and a 6.5% drop from non‑euro countries.
- In the three‑month view (August–October), orders were 0.5% below the prior three months, and September’s monthly change was revised up to 2.0%.
- Manufacturing turnover rose 0.3% in October, while services revenue fell 0.2% in September in real terms year over year up 1.6%, and Destatis noted sample and deflator revisions applied to 2025 data.