German Industry Sees Unexpected Surge in September Orders

A significant rise in large-scale orders boosts the manufacturing sector, but concerns loom over potential U.S. trade policies under Trump.

The German manufacturing sector experienced a 4.2% increase in orders in September, surpassing analyst expectations of a 1.5% rise.
Excluding large orders, the increase was 2.2%, highlighting the impact of major contracts in aircraft, ships, and trains.
Domestic orders rose by 3.6%, while orders from the Eurozone surged by 14.6%; however, orders from outside the Eurozone slightly declined.
Despite the positive order trend, the overall revenue for the sector fell by 1.4% in September, indicating ongoing challenges.
Economists express concern that a Trump presidency could introduce tariffs, negatively affecting German exports to the U.S.