German Factory Orders Rise More than Expected
2026-08-06 06:34
By
Farida Husna
1 min. read
Germany's factory orders rose 3.1% mom in June 2026, picking up from a downwardly revised figure in May and easily beating market estimates of 0.3%.
It was the strongest monthly growth since March, driven by robust demand for processing equipment and electronics and opticals (22.7%) as well as mechanical engineering (12.7%), with some firms noting large orders.
Orders in the automotive industry also grew 3.8%.
In contrast, bookings for aircraft, ships, trains, and military vehicles plunged 41.7% after a strong May.
Capital goods (6.4%) and consumer goods (4.2%) rose, while intermediate goods fell (-2.5%).
Domestic demand surged (7.8%), while foreign orders edged up 0.2%, lifted by a 10.2% jump in orders from non-euro area countries that offset a 14.0% fall from the euro area.
Excluding large-scale contracts, orders rose 0.5%.
On a less volatile three-month basis, demand gained 1.3% in April-June from the prior three months, though they were unchanged when large orders were excluded.