ZVEI – German electrical and digital industry: Incoming orders rise slightly, but trend reversal not yet in sight

ZVEI - Germany’s Electrical Industry

In October 2024, incoming orders in the German electrical and digital industries were 1.8 percent higher than the previous year. 

 

While domestic orders continued to decline in October (-4.1%), foreign orders exceeded the previous year’s figure by 7.2 percent. Customers from the eurozone increased their orders by 8.2 percent.