Orders Received Show Positive Development
The orders received by the manufacturing industry in Germany unexpectedly developed positively in April 2025. According to the Federal Statistical Office, real orders increased by 0.6% compared to the previous month. This rise is a positive signal for the German economy as it indicates a continuation of the recovery in orders at the beginning of the second quarter.
Background and Development
- March 2025: Orders received increased by 3.6%, indicating strong dynamics in this sector.
- February 2025: Orders received remained constant; domestic -1.2%, foreign +0.8%.
- April 2025: Despite the increase, domestic orders were 4% and foreign orders were 7% below the previous year’s level.
Outlook and Significance
The increase in April could provide positive impulses for investors and the economy; however, the situation in foreign business remains challenging.
Regional Differences
- Eastern German Machinery Industry: Negative orders received in the first quarter of 2025 indicate regional differences.
Economic Framework Conditions
Federal tax revenues increased by 2.5% in April 2025, and the inflation rate is estimated at 2.1% for May.
In summary, the slight increase in orders received in April shows positive signals, yet challenges in foreign business and regional differences remain.