Germany real manufacturing orders received index
Germany real manufacturing orders received index stood at 86 in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Manufacturing orders and order backlog table (Value · Monthly), with a complete series running from Jan 1952 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Manufacturing orders and order backlog table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry3 | 86 | 96.2 | 93.2 | 89.8 | 89.5 | 92.5 | 88.6 | 87.2 | 98.6 | 93.3 | |
| Consumer goods (Durable- and Non-durable goods) | 92.3 | 99.6 | 104.5 | 100.8 | 99.1 | 106.4 | 99.5 | 95.6 | 97.6 | 104.2 | |
| Industry excluding 30 Manufacture of other transport equipment | 84 | 84.7 | 90.8 | 82.7 | 87.7 | 90.5 | 86.4 | 82.8 | 94.3 | 87.4 |
Understanding germany real manufacturing orders received index
Total volume of new commitments for goods produced by the German manufacturing sector, adjusted for price changes to reflect actual physical output demand. This aggregate index combines consumer, intermediate, and capital goods into a single macroeconomic measure. Unlike sub-indices that isolate specific manufacturing branches, this overall metric captures the entire breadth of factory orders, including both domestic and foreign demand. It records the constant-price value of firm orders placed during the reference month, establishing a baseline for future industrial production.
Month-on-month comparisons provide the clearest signal of immediate shifts in the manufacturing pipeline, provided the series is evaluated on a seasonally and calendar-adjusted basis. Because this top-level index includes highly volatile components, early estimates are frequently revised as late reporting from larger enterprises is incorporated. Analysts must account for periodic base year updates, which can alter historical weightings among the sub-sectors and cause slight shifts in the long-term historical profile. Comparing this broad measure against industrial production figures requires incorporating a lag, as order fulfillment timelines vary dramatically across the constituent industries.
Frequently asked questions
- Does this index include price inflation?
- No, it is a real-term measure adjusted to a base year, stripping out price changes to capture pure physical volume.
- Are orders from outside the country counted here?
- Yes, this top-level figure aggregates both domestic orders and foreign export demand into a single consolidated index.
- Why does the index occasionally differ from factory output figures?
- Orders represent future production commitments rather than current output, meaning fulfillment will appear in production data months or years later.