German factory orders fall further in July

By Mucahithan Avcioglu

ISTANBUL (AA)—New factory orders in the German industry dropped 2.9% month-on-month in July, official figures from Destatis showed on Friday.

The market expectation was on the positive side, with a 0.5% increase for July, while the June figure was upwardly revised to a 0.2% decrease.

The negative development of new orders in manufacturing was attributed to a low level of new orders for the manufacture of other transportation equipment (aircraft, ships, trains, and military vehicles), which fell 38.6% on a monthly basis.

"A high volume of large-scale orders was recorded in this sector in June 2025," Destatis said in a statement.

Declining new orders in the manufacture of electrical equipment sector, with 16.8%, also had a negative impact on overall performance.

By contrast, the increase in new orders for the automotive industry (6.5%) had a positive effect.

On a yearly basis, factory orders posted a decline of 3.4% in July.