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New orders in manufacturing in September 2023: +0.2% on the previous month
Real (price adjusted) new orders in manufacturing were up 0.2% in September 2023 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that new orders were 3.9% lower in the 3rd quarter of 2023 than in the 2nd quarter. New orders excluding large-scale orders were down 2.2% in September 2023 compared with the previous month. After revision of the provisional results, new orders in August 2023 increased by 1.9% compared with July 2023 (provisional figure: +3.9%). The unusually ... (full story)