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09.11.2026

ZVEI Business Cycle Report November 2026

Germany’s electro and digital industry remains on a recovery path. New orders rose by 9.6 percent year on year in September 2026 and by 12.8 percent in the first nine months of the year. Production and sales also increased, while business sentiment and capacity utilization improved recently.

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Business Cycles & Markets Business Cycles Series: ZVEI Business Cycle Report

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