Further Increase in Orders for Industry in October - German Industry Sees Modest Order Growth in October Amid Mixed Trends
The October uptick followed a revised 2.0 percent growth in September, originally reported as 1.1 percent. Over the past year, incoming orders—even without major contracts—have remained relatively stable, suggesting a period of consolidation for German industry.
October’s figures highlight a mixed picture for German industry. While a single large contract drove growth, broader trends remain uneven. Defence-related deals appear to be playing a growing role in supporting order books.
