Unexpectedly strong December order intake for German industry

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Unexpectedly strong December order intake for German industry
Photo: Michael Probst AP/TT

Orders received by German industry rose by 7.8 percent in December compared to the previous month, according to the German statistics agency Destatis.

Compared to December 2024, the increase was 13 percent.

The increase in orders was significantly larger than expected. Compared to the previous month, analysts had, on average, expected a decline of 2.2 percent, while the increase compared to December 2024 was expected to remain at 1.2 percent.

In November, order intake increased by 5.7 percent compared to the previous month and by 10.6 percent compared to November 2024, according to revised figures.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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