Porträtfoto Dr. Jupp Zenzen

No clear turnaround in sight

German Chamber of Commerce and Industry (DIHK) economic expert Jupp Zenzen discusses order intake on December 5th

Renewed increase in order intake is indeed pleasing but unfortunately not yet a clear turnaround. Major orders in the defense industry are responsible for the slight increase. High domestic costs, for instance related to energy and labor, as well as high taxes and bureaucratic burdens, continue to dampen the competitiveness of German industry. Companies urgently need swift and noticeable improvements to the framework conditions for a sustainable and self-supporting economic upturn.

December 5th, 2025 - “The renewed increase in order intake is truly encouraging but regrettably still falls short of signaling a clear turnaround. Major orders in the defense sector are the primary contributors to this slight uptick. Persistent high domestic costs—including those associated with energy and labor—combined with substantial taxation and bureaucratic hurdles, continue to impede the competitiveness of German industry. Companies are calling for immediate and meaningful enhancements to framework conditions to foster a sustainable and rejuvenating economic surge.”

Key areas:
  • Konjunktur
  • Wachstum
  • Industrie

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