Core Insights - Germany's industrial new orders fell by 2.9% month-on-month in July, marking the third consecutive month of decline [1][2] - Domestic new orders decreased by 2.5%, while foreign new orders dropped by 3.1%, with orders from the Eurozone and outside the Eurozone declining by 3.8% and 2.8% respectively [1] - The significant decline in new orders was primarily driven by a 38.6% drop in the transportation equipment manufacturing sector, which includes aircraft, ships, and trains [1] - In contrast, the automotive sector saw a month-on-month increase in new orders of 6.5% [1] Economic Outlook - Year-on-year, Germany's industrial new orders decreased by 3.4% in July [2] - The German Minister of Economic Affairs, Katrin Göring-Eckardt, indicated that the continuous decline in industrial new orders has led several major economic research institutions to revise down their growth forecasts for Germany's economy this year [2] - According to forecasts from institutions like the Munich Institute for Economic Research, Germany's economic growth is expected to be only 0.1% to 0.2% in 2025, which is lower than previous summer predictions [2]
【环球财经】德国工业新订单连续第3个月下降
Xin Hua She·2025-09-05 13:42