According to preliminary data from
the Federal Statistical Office (Destatis), real (price adjusted)
new orders in manufacturing fell 5.4% month on month in November
2024, after seasonal and calendar adjustments. When large-scale
orders were excluded, new orders increased by 0.2% over the
previous month. The less volatile three-month-on-three-month
comparison revealed that total new orders in the period from
September to November 2024 were 1.7% higher than the previous
three months, while new orders excluding large-scale orders
increased 0.5%. New orders fell by 1.5% in October 2024 compared
to September 2024, and this decline persisted after the
provisional results were revised.
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