German industrial orders surge by most in two years as manufacturing recovery gains momentum

German industrial orders rose 7.8 percent in December marking the largest monthly gain since late 2023. The surge suggests the sector is finally rebounding.

Insights:
According to official data (seasonally and calendar-adjusted industrial orders), industrial orders in Germany DEDE rose by 7.8% in December on a seasonally and calendar-adjusted basis. This unexpected increase was the largest since December 2023 and significantly outperformed a Reuters poll that had forecast a 2.2% decline. The magnitude and breadth of the rise suggest that the recent industrial downturn in Germany DEDE may be ending, with positive implications for industrial activity and economic momentum.
A worker at Feldbinder Special Vehicles, a German manufacturer of silos and liquid tankers, welds aluminium at the company's plant in Winsen, Germany, July 10, 2018. REUTERS/Fabian Bimmer/File Photo
A worker at Feldbinder Special Vehicles, a German manufacturer of silos and liquid tankers, welds aluminium at the company's plant in Winsen, Germany, July 10, 2018. REUTERS/Fabian Bimmer/File Photo
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