德国2025年11月工业新订单环比增长5.6% 来源：中国新闻网 编辑：张澍楠 广告等商务合作，请点击这里 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 巴登-符腾堡州银行经济学家延斯-奥利弗·尼克拉施表示，此次工业新订单增长是"经济可能出现趋势性 转折的真实信号"。德意志银行研究部经济学家马克·沙滕贝格指出，德国工业可能已经走出低谷。 德国联邦经济和能源部当天在声明中指出，近几个月来，订单数据因国防领域相关采购影响波动明显。 总体来看，德国国内和欧元区的订单需求呈现持续增长趋势。相比之下，受贸易摩擦和地缘政治不确定 性影响，来自欧元区以外国家和地区的需求自2025年春季以来持续疲软。因此，德国出口前景预计仍将 保持低迷。(完) 本文为转载内容，授权事宜请联系原著作权人 中新社柏林1月8日电(马秀秀 杨楚瑜)德国联邦统计局8日公布的数据显示，经季节和工作日调整后，德 国2025年11月工业新订单环比增长5.6%。这是德国工业新订单连续第三个月增长，也创下2024年12月 以来的最高增幅。 ...

新华社柏林1月8日电（记者车云龙）德国联邦统计局8日公布数据显示，经季节和工作日调整后， 德国2025年11月工业新订单环比增长5.6%。 德国联邦经济和能源部当天发表声明说，近几个月来，工业订单量波动明显。总体来看，德国国内 和欧元区的订单需求呈现持续增长趋势。相比之下，受贸易摩擦和地缘政治不确定性影响，来自欧元区 以外国家和地区的需求自2025年春季以来持续疲软。因此，德国出口前景预计仍将保持低迷。 德国联邦统计局表示，当月工业新订单增长主要得益于金属制品制造业以及飞机、船舶、火车和军 用车辆等运输设备制造业的大额订单，这两个领域新订单环比分别增长25.3%和12.3%。 数据还显示，经工作日调整后，去年11月工业新订单同比增长10.5%。 数据显示，去年11月德国国内新订单环比增长6.5%，国外新订单环比增长4.9%，其中来自欧元区 的新订单增长8.2%，欧元区以外的新订单增长2.9%。 ...

制造业中，汽车、拖车和半挂车制造业产值同比增长57.7%，计算机和电子设备制造业产值同比增 长4.4%，木材加工业产值同比增长1%；家具制造业产值同比下降4.3%，食品制造业产值同比下降 4.1%，金属制品制造业产值同比下降0.7%，电气设备制造业产值同比下降0.1%。 （原标题：爱沙尼亚2025年11月工业生产同比增长3.4%） 据爱沙尼亚统计局数据，按不变价格计算，2025年11月份，爱沙尼亚工业总产值同比增长3.4%。 三大主要行业中，采矿业产值同比增长10%，制造业产值同比增长4.5%，能源业产值同比下降8.7%。 ...

Core Insights - The total tax revenue collected by taxpayers in the Federation of Bosnia and Herzegovina from January to November this year reached 79.66 billion marks, reflecting an increase of 7.49 billion marks compared to the same period in 2024, representing a growth rate of 10.37% [1] Employment Data - As of the end of November this year, there were 134,600 active market entities in the Federation, with total employment reaching 546,700 individuals [1] - Employment decreased by 857 individuals compared to the end of October [1] - Industries that saw employment growth include education, healthcare services, manufacturing of metal products excluding machinery, IT consulting, wholesale trade, and social assistance [1] - Industries that experienced a decline in employment include the manufacturing of coke and refined petroleum products, accommodation and food services, retail trade, forestry and logging, and clothing manufacturing [1] Age and Gender Employment Structure - Among the employed population, 176,200 individuals (32.24%) are aged 35 and under, while 370,400 individuals (67.76%) are aged over 36 [1] - Male employment stands at 303,500 individuals (55.51%), while female employment is at 243,200 individuals (44.49%) [1]

Core Insights - Germany's industrial new orders increased by 1.1% month-on-month in September, ending a four-month decline trend [1] - In Q3, industrial new orders decreased by 3% year-on-year [1] - Domestic new orders fell by 2.5% month-on-month, while foreign new orders rose by 3.5% [1] Domestic and Foreign Orders - Domestic new orders decreased by 2.5% month-on-month in September [1] - Foreign new orders increased by 3.5% month-on-month, with orders from the Eurozone and outside the Eurozone rising by 2.1% and 4.3% respectively [1] Sector Performance - The growth in new orders was primarily driven by the automotive industry and electrical equipment manufacturing, which saw month-on-month increases of 3.2% and 9.5% respectively [1] - In contrast, demand in energy-intensive sectors weakened, with new orders in the metal products manufacturing sector declining by 19% month-on-month [1] Year-on-Year Trends - Adjusted for working days, industrial new orders in September decreased by 4.3% year-on-year [1] Economic Outlook - The German Federal Ministry for Economic Affairs and Energy noted that the recent volatility in domestic and foreign orders makes it difficult to determine a clear trend in industrial demand [1] - The ministry highlighted that ongoing geopolitical uncertainties contribute to the fragility of industrial demand in Germany [1]

Core Viewpoint - Germany's industrial new orders showed a month-on-month increase of 1.1% in September, ending a four-month decline, although the third quarter saw a year-on-year decrease of 3% [1] Group 1: New Orders Data - In September, domestic new orders in Germany decreased by 2.5% month-on-month, while foreign new orders increased by 3.5%, with orders from the Eurozone and outside the Eurozone rising by 2.1% and 4.3% respectively [1] - The growth in new orders for September was primarily driven by the automotive industry and electrical equipment manufacturing, which saw month-on-month increases of 3.2% and 9.5% respectively [1] - In contrast, demand in energy-intensive sectors weakened, with new orders in the metal products manufacturing sector declining by 19% month-on-month [1] Group 2: Year-on-Year Comparison - Adjusted for working days, industrial new orders in September experienced a year-on-year decline of 4.3% [1] Group 3: Economic Outlook - The German Federal Ministry for Economic Affairs and Energy noted that due to significant fluctuations in domestic and foreign orders in recent months, it is currently difficult to determine a clear trend in industrial demand [1] - The ministry also highlighted that ongoing geopolitical uncertainties contribute to the fragility of industrial demand in Germany [1]

Core Insights - In September, Germany's industrial new orders increased by 1.1% month-on-month, slightly above the market expectation of 1.0% [1] - The August data was revised from an initial decline of 0.8% to a decline of 0.4% [1] Industry Performance - The automotive manufacturing sector saw a month-on-month increase in new orders of 3.2% [1] - The electrical equipment manufacturing sector experienced a significant order increase of 9.5% [1] - These two sectors were the main contributors to the overall recovery in industrial demand [1] Sector Challenges - The metal products manufacturing sector faced a substantial month-on-month decline of 19.0%, which partially offset the overall growth momentum [1] - The decline in the metal products sector was attributed to the previous month's large orders, which led to a significant drop in September's data [1]

Core Insights - Croatia's industrial finished goods inventory increased by 1.7% month-on-month and 5.2% year-on-year as of the end of July 2025 [1] Inventory Breakdown - The largest monthly increase in inventory was seen in energy products, which rose by 19.8% [1] - Durable goods inventory grew by 5%, capital goods by 1.1%, and non-durable goods by 0.1%, while intermediate products saw a decrease of 0.6% [1] - Year-on-year, non-durable goods inventory increased by 10.9%, and intermediate goods by 5.9%, whereas capital goods inventory decreased by 23.9%, and both durable goods and energy inventories fell by 3.7% [1] Sector Analysis - Mining and quarrying inventory rose by 1.8% month-on-month and 1.5% year-on-year [1] - Manufacturing inventory increased by 1.6% month-on-month and 5.5% year-on-year [1] - The largest monthly inventory increase in manufacturing was in coke and refined petroleum products (+32.1%), followed by chemicals and chemical products (+13.7%), and metal products (excluding machinery and equipment) (+11.5%) [1] - The most significant monthly inventory decreases were in the manufacture of motor vehicles, trailers, and semi-trailers (-21.7%) and tobacco products (-13.5%) [1] - Year-on-year, the largest inventory increase in manufacturing was in the automotive sector, which saw a tenfold increase, while the largest decrease was in machinery manufacturing, which fell by 65.6% [1]

Core Insights - In June, Germany's industrial new orders decreased by 1% month-on-month, influenced by reduced demand in the automotive sector and other areas [1] - The second quarter saw a month-on-month increase of 3.1% in industrial new orders [1] Domestic and Foreign Orders - Domestic new orders in Germany increased by 2.2% month-on-month, while overall new orders decreased by 3% [1] - New orders from the Eurozone rose by 5.2%, whereas orders from outside the Eurozone fell by 7.8% [1] Sector-Specific Performance - The decline in new orders was primarily concentrated in the transportation equipment manufacturing sector, which saw a month-on-month drop of 23.1% [1] - The automotive industry and metal products manufacturing experienced month-on-month decreases of 7.6% and 12.9%, respectively [1] - Conversely, the electrical equipment manufacturing sector reported a month-on-month increase of 23.5% in new orders [1] Year-on-Year Comparison - After adjusting for working days, Germany's industrial new orders showed a year-on-year increase of 0.8% in June [1] Economic Outlook - The German Federal Ministry for Economic Affairs and Energy noted that ongoing global trade policy and geopolitical uncertainties have led to significant fluctuations in industrial demand [1] - Although there was a slight improvement in export expectations for German companies in July, the anticipated long-term high tariffs on exports to the U.S. may negatively impact the future of Germany's industrial economy due to weak foreign demand [1]

Core Insights - In June, Germany's industrial new orders decreased by 1% month-on-month, influenced by reduced demand in sectors such as the automotive industry [1] - Domestic new orders increased by 2.2%, while foreign new orders fell by 3% [1] - New orders from the Eurozone rose by 5.2%, but those from outside the Eurozone dropped by 7.8% [1] Industry Performance - The decline in new orders was primarily concentrated in the transportation equipment manufacturing sector, which saw a significant drop of 23.1% [1] - The automotive industry experienced a decrease in new orders by 7.6%, while the metal products manufacturing sector saw a decline of 12.9% [1] - Conversely, the electrical equipment manufacturing sector reported a notable increase in new orders by 23.5% [1] Year-on-Year Comparison - Adjusted for working days, Germany's industrial new orders showed a year-on-year growth of 0.8% in June [1] Economic Context - The German Federal Ministry for Economic Affairs and Energy indicated that ongoing global trade policies and geopolitical uncertainties have led to significant fluctuations in industrial demand [1] - Although there was a slight improvement in export expectations for July, the anticipated long-term high tariffs on exports to the U.S. may continue to negatively impact Germany's industrial economy due to weak foreign demand [1]