German Factory Orders Jump, Helped by Aircraft, Automotive Sectors

In September, German manufacturing orders experienced a significant increase, driven by large-scale orders, offering a much-needed boost to the struggling sector. Orders surged by 4.2% compared to the previous month, exceeding economists' expectations of a 1.4% rise. This marks a stark improvement from the 5.4% decline observed in August, highlighting potential resilience in the industry. The unexpected growth provides optimism for stakeholders hoping to see a recovery in Germany's manufacturing landscape.