German Factory Orders Rise More than Expected

2026-07-06 06:17 By Farida Husna 1 min. read

Germany's factory orders rose 1.9% month-over-month in May 2026, rebounding from a downwardly revised 3.2% drop in April and beating market estimates for a 1.2% gain.

The recovery was driven mainly by large-scale orders for aircraft, ships, trains, and military vehicles, which jumped 85.0%.

Demand also grew for electrical equipment (5.7%) and mechanical engineering (3.7%).

However, orders declined in the automotive industry (-3.8%) and data processing, electronic, and optical products (-7.8%).

Orders rose for capital goods (2.2%), consumer goods (2.4%), and intermediate goods (1.4%).

Foreign demand gained 2.2%, supported by an 11.2% surge in orders from the euro area, while orders from non-euro area countries fell 3.2%.

Domestic orders also went up 1.3%.

Excluding large-scale contracts, orders still rose a solid 1.0%.

However, on a less volatile three-month basis, new orders in March-May eased 0.2% from the prior three months, though they were up 4.1% when large orders were excluded.



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