Real (price adjusted) new orders in manufacturing were down 2.9% in July 2025 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). When large-scale orders are excluded, new orders were 0.7% higher than in the previous month. The less volatile three-month on three-month comparison showed that new orders in the period from May 2025 to July 2025 were 0.2% higher than in the previous three months; when large-scale orders are excluded, new orders were down 1.3%. After revision of the provisional data, new orders in June 2025 decreased by 0.2% ... (full story)