Arbeiter in einem Werk stehen für Auftragseingang im Verarbeitenden Gewerbe.

© Monty Rakusen/cultura/Corbis

According to the Federal Statistical Office , new manufacturing orders rose between August and September by 1.0 %. The proportion of large-scale orders was below average. The increase in new orders was due to the strong rise in orders for capital goods (+ 4.9 %). In September, manufacturers of intermediate goods (- 4.0 %) and consumer goods (- 2.8 %) recorded a decline after a perceptible increase in August.

Orders are continuing to trend upwards. The more meaningful two-month comparison of August/September against June/July shows an increase of 4.3% in industrial order volumes. In the two-month comparison, orders for intermediate goods grew even more clearly (+ 5.1 %). Orders also increased considerably for capital goods (+ 4.1 %) and consumer goods (+ 3.1 %). Excluding large orders, new industrial orders rose by 3.8 % in the two-month comparison.

Ordering activity continued to grow at a high level. The improved business climate in industry indicates that the upswing in the manufacturing sector will continue.

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[1] Press release by the Federal Statistical Office of 6 November 2017.
[2] All figures are based on provisional data and have been adjusted for price, calendar-day and seasonal factors (Census X-12-ARIMA).