【环球财经】德国10月工业新订单环比增长1.5%

Core Insights - Germany's industrial new orders increased by 1.5% month-on-month in October, driven by domestic demand [1] - Domestic new orders rose by 9.9% month-on-month, while foreign new orders decreased by 4% [1] - The significant growth in new orders was primarily attributed to the transportation equipment manufacturing sector, which saw a remarkable increase of 87.1% [1] Domestic Orders - Domestic new orders showed a strong recovery trend, influenced by increased demand in the defense sector [1] - The overall structure of new orders in October was positively impacted by this demand [1] Foreign Orders - Foreign new orders, particularly from outside the Eurozone, experienced a decline of 6.5% [1] - Orders from the Eurozone showed a slight increase of 0.1%, indicating mixed performance in international demand [1] Industry Outlook - The German Federal Economic and Energy Ministry noted that the overall export performance is expected to be dragged down by weak foreign orders [1] - The German Industry Association reported that the industrial sector is facing a structural recession, predicting a 2% decline in industrial output for the year, marking the fourth consecutive year of contraction [1]