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Surprise Jump in German Industrial Orders Beats Expectations
5 Feb
Summary
- German industrial orders climbed 7.8% in December.
- Large-scale orders significantly boosted the December figures.
- Excluding large contracts, orders still saw a 0.9% rise.
German industrial orders saw a surprising increase in December, with a rise of 7.8% compared to the previous month on a seasonally and calendar-adjusted basis. This performance significantly outperformed analyst expectations, which had forecasted a decline of 2.2% for the period.
The robust growth was primarily driven by substantial large-scale orders, which can often introduce volatility into the monthly figures. However, even after accounting for these unpredictable contracts, new orders still demonstrated a positive trend, rising by 0.9% in December from November.
Looking at a broader trend, the three-month comparison indicated a 9.5% increase in new orders in the fourth quarter of 2025 relative to the third quarter. This suggests a sustained recovery and strengthening activity within Germany's industrial sector towards the end of the year.
