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Germany: manufacturing conditions

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This dossier follows German manufacturing through PMI surveys, output, orders and costs. Survey indicators are distinct from production statistics.

Latest event : 2 key moments
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Volkswagen's Wolfsburg factory in January 2013.
Archive illustration, not 2026 orders. Peter0221, CC BY-SA 3.0; unchanged. — Peter0221 / Wikimedia Commons — CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/ ; 24 janvier 2013 ; sans modification.

Where things stand

German manufacturing orders rose 4.4% month on month in September, adjusted for prices, seasonal effects and the calendar, according to provisional Destatis figures published on 5 November 2026.

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Reported information

Germany: factory orders rebound 4.4% in September

German manufacturing orders rose 4.4% month on month in September, adjusted for prices, seasonal effects and the calendar, according to provisional Destatis figures published on 5 November 2026.

Volkswagen's Wolfsburg factory in January 2013.
Archive illustration, not 2026 orders. Peter0221, CC BY-SA 3.0; unchanged. — Peter0221 / Wikimedia Commons — CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/ ; 24 janvier 2013 ; sans modification.

The rebound follows an August decline revised to 10.1%, from an initial 10.6%. Excluding large orders, September's increase reaches 5.1%, the statistics office says.

Automotive orders rise 10.5% and machinery orders 8.3%. Across the third quarter as a whole, however, orders grow only 0.2% compared with the second quarter. The monthly rise therefore does not establish a lasting acceleration.

Sources 2
Confirmed

German manufacturing PMI rises to 54.2 as cost pressures increase

Germany’s manufacturing PMI reached 54.2 in October, up from 53.9 in September, in the S&P Global survey released on 2 November 2026. It remained above the 50 threshold separating expansion from contraction.

Power plant at Volkswagen’s Wolfsburg site in 2015.
Wolfsburg, February 2015. Archive illustration of German industry. Raycer, CC BY-SA 4.0; resized. — Raycer / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ ; 6 février 2015, redimensionnement.

Output increased for a tenth consecutive month, at its slowest pace since July. New order growth also eased, while export sales increased.

Input cost inflation reached a five-month high and delivery times lengthened. The headline PMI therefore needs to be read alongside its components: a higher index does not mean every aspect of business conditions is improving.

Sources 2