Germany’s stock of manufacturing orders rose 0.4% MoM and 4.7% YoY in May 2025, with strength led by the transport equipment and metal products sectors.

• Foreign order backlogs increased 0.8% MoM, while domestic orders declined -0.3% MoM.
• Capital goods orders rose 0.6% MoM; intermediate goods fell -0.2% MoM; consumer goods rose 0.3% MoM.
• Transport equipment orders rose 2.1% MoM; metal products rose 2.4%, while automotive orders dropped -1.4% MoM.
• The average range of the stock of orders held steady at 7.8 months; capital goods remained at 10.7 months.