Largest increase in orders since 2020: German industry is heading into the new year with tailwind. New business increased by 8.9 percent compared to the previous month.
The strongest increase since June 2020 can be attributed to an unusually large number of large orders in a number of industries. Without these effects, orders would have fallen by 2.2 percent in December. But not everything that glitters is gold: Industry is feeling the effects of both the weak domestic economy and the continuing difficult global economic environment in its order books.