Germany July industrial orders -2.9% vs +0.5% m/m expected | investingLive

• Prior -1.0% (revised to -0.2%)

The agency notes: “When large-scale orders are excluded, new orders were 0.7% higher than
in the previous month. The less volatile three-month on three-month
comparison showed that new orders in the period from May 2025 to July
2025 were 0.2% higher than in the previous three months”

“The negative development of new orders in manufacturing in July 2025
compared with June 2025 was primarily attributable to the substantial
decline (-38.6%) in new orders in the “manufacture of other transport
equipment” sector (aircraft, ships, trains, military vehicles).”