German factory orders up at faster pace than forecast in October

German factory orders were stronger than expected in October, data from Destatis showed Friday.

New orders in manufacturing rose 1.5% in October from September on a seasonally and calendar adjusted, beating the FXStreet-cited market consensus for a 0.5% month-on-month improvement.

In September, orders had risen 2.0% from August.

"When large-scale orders are excluded, new orders were 0.5% higher than in the previous month," Destatis commented. "The less volatile three-month on three-month comparison showed that new orders in the period from August 2025 to October 2025 were 0.5% lower than in the previous three months; when large-scale orders are excluded, new orders were down 0.1%."

On-year, factory orders slipped 0.7% in October, improving from a 3.4% slide in September.