On October 7, 2025, the Bundesbank released seasonally adjusted manufacturing orders for August, reporting a month-on-month change of -0.8%. This figure was below the forecast of 1.1%, though it marks an improvement from the previous reading of -2.90%.This indicator measures the change in the total value of new orders placed with German manufacturers and serves as a key leading indicator for industrial activity. Generally, an increase in new orders signals that manufacturers may ramp up production to meet demand.The data carries moderate market significance, is calculated by analyzing changes in manufacturing orders compared to the prior month, and is published monthly. The next release is scheduled for November 5, 2025.

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