On September 5, 2025, the Bundesbank released Germany’s seasonally adjusted manufacturing orders month-over-month for September. Actual, forecast, and prior values were not provided.Definition: This indicator measures the change in the total value of new purchase orders placed with German manufacturers. It is considered a leading indicator for production—an increase in purchase orders suggests manufacturers will ramp up activity to fulfill incoming orders. Market impact: If the published figure exceeds expectations, it is bullish for the euro.The data carries a medium importance level (2) and is calculated by assessing the change in manufacturing orders from the previous month, with both monthly and annual rates published. The release frequency is monthly; the next publication date has not been specified.
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