"这对德国工业来说无疑又泼了一盆冷水。"德国商业银行首席经济学家约尔格·克雷默表示，预计要到 明年才会出现显著好转。专家此前预计，继7月下降 2.7% 之后，8月订单将增长1.1%。若不计入通常波 动较大的大额订单，8月的增幅或将达到3.3%。 【环球时报驻德国特约记者 青木】"德国工业订单的低迷仍在持续，再次浇灭了德国经济复苏的希 望。"德国《经济周刊》7日报道称，德国联邦统计局周二公布的数据显示，德国工业8月的新订单环比 下降0.8%，为连续第四个月下降。 8月，德国国内需求环比增长4.7%。然而，海外订单连续第三个月下降，环比下降4.1%。来自欧元区的 订单下降了2.9%，来自欧元区以外的新订单环比下降了5.0%。具体到各个领域来看，当月汽车行业新 订单环比降幅达6.4%。此外，计算机、电子及光学产品制造业新订单环比下降11.5%，制药业下降 13.5%。 德国联邦经济和能源部当天发表声明称，国内工业需求的回升显示出工业领域可能正在触底企稳，但近 期疲弱的海外需求仍对复苏势头形成抑制。德国工商大会专家朱普·曾贞对此表示："尤其令人震惊的 是，在年初略有回升之后，来自海外的订单现在又开始下降。" 尽管最新 ...

Economic Overview - The UK's GDP growth for July was flat at 0.0% month-on-month, significantly slowing from June's 0.4% increase, with a year-on-year growth rate of 1.4%, slightly below the market expectation of 1.5% [1][4] - The economic structure shows a pattern of "moderate support from services, continuous expansion in construction, significant drag from industry, and pressure on external demand" [4] Sector Performance - The services sector experienced a slight growth of 0.1%, supported mainly by transportation and storage (1.4% growth) and health and social work (0.4% growth), while the information and communication sector declined by 0.7% [2] - The construction sector demonstrated resilience with a month-on-month output increase of 0.2% and a year-on-year growth rate accelerating to 2.4%, surpassing the market expectation of 1.9% [2] - Industrial production faced significant downward pressure, with a month-on-month decline of 0.9%, reversing the previous month's 0.7% increase, and manufacturing output fell by 1.3%, marking the steepest contraction since July of the previous year [2] Trade Dynamics - The trade deficit widened to £5.26 billion in July, the largest since February, with exports rising by 2.3% to £76.45 billion and imports increasing by 2.4% to £81.71 billion, reaching a historical high [3] - Notably, goods exports grew by 6.6%, with a 4.6% increase in exports to the EU, driven by increased aircraft exports to Germany, and an 8.5% rise in exports to non-EU countries [3] - Service exports decreased by 0.4% to £45.83 billion, hitting a three-month low, while goods imports reached a 13-month high at £50.89 billion, primarily due to increased imports of ships from South Korea and aircraft and cars from Germany [3]

Group 1 - Germany's industrial output fell by 1.4% and exports decreased by 1.7% in April, exceeding economists' expectations [1] - The decline in industrial output and exports indicates a challenging start to the second quarter, particularly for the new Chancellor Merz [3] - Despite the weak April data, some economists remain optimistic about future production recovery due to new order growth [3] Group 2 - The German economy is expected to stagnate in 2025, marking an unprecedented three consecutive years of zero growth [3] - Structural issues such as aging labor force and bureaucratic challenges continue to affect Germany's economic resilience [4] - The German government has approved a tax relief plan worth approximately €46 billion (about $52 billion) as part of an economic stimulus strategy [4]

Core Insights - Germany's industrial orders increased by 0.6% month-on-month in April 2025, marking the second consecutive month of growth, contrary to expert expectations of a 1.5% decline [1] - Domestic orders rose by 2.2%, while foreign orders decreased by 0.3%, with orders from the Eurozone increasing by 0.5% and those from outside the Eurozone declining by 0.9% [1] - The main drivers of the order growth were in the data processing equipment and electronic and optical products sectors, which saw a significant increase of 21.5% in new orders compared to March [1] Industry Analysis - The manufacturing of other transportation equipment (including aircraft, ships, trains, and military vehicles) and metal products also contributed positively to the overall growth [1] - Conversely, the electrical equipment manufacturing, machinery manufacturing, and pharmaceutical sectors negatively impacted the overall data [1] - Economic experts view the April industrial order growth as a positive signal, although caution remains due to ongoing trade policy uncertainties and low business confidence [2]