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-5.4% new orders in manufacturing in Germany

(ANSA) - BELGRADE, JAN 8 - 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. (ANSA).

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