DeStatis: German Recession – New orders in manufacturing in August 2025: -0.8% on the previous month

The chart tells the whole story

New orders in manufacturing
August 2025 (in real terms, provisional):
-0.8% on the previous month (seasonally and calendar adjusted)
+1.5% on the same month a year earlier (calendar adjusted)

July 2025 (in real terms, revised):
-2.7% on the previous month (seasonally and calendar adjusted)
-3.3% on the same month a year earlier (calendar adjusted)

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