Here we investigate the modulating nature of the 27 day solar rotation forcing on stratospheric ozone using a new ozone profile data set from Scanning Imaging Absorption Spectrometer for Atmospheric Cartography (SCIAMACHY, 2003–2008). Continuous wavelet transform (CWT), fast Fourier transform (FFT), and cross correlations (CC) have been applied to SCIAMACHY ozone in the tropics (<20° latitude) between 20 and 60 km altitude. The maximum correlation between Mg II index and ozone is weaker during the maximum of solar cycle 23 (r = 0.38) than in the previous two solar cycles that have been investigated in earlier studies using different data sets. The magnitude of the ozone signal is highly time dependent and may vanish for several solar rotations even close to solar maximum conditions. The FFT analysis reveals, besides the 27 day signal, several frequencies close to 27 days. The ozone sensitivity (ozone change in percent per percent change in 205 nm solar flux) is on average about 0.2%/% above 30 km altitude and smaller by about a factor of 2 compared to earlier studies. For selected 3 month periods the sensitivity may rise beyond 0.6%/% in better agreement with earlier studies. The analysis of the 27 day solar forcing was also carried out with stratospheric temperatures from European Centre for Medium-Range Weather Forecasts operational analysis. Although direct radiation effects on temperature are weak in the upper stratosphere, temperature signals with statistically significant periods in the 25–35 day range similar to ozone could be found with the applied methods.