German June industrial orders rise more than expected in June
Mechanical engineering and data equipment led the gain, while orders excluding large contracts fell 0.5%, the statistics office said.
- German industrial orders climbed 3.1% in June, exceeding analyst forecasts and marking a second consecutive monthly rise, signaling a potential recovery in Europe's largest economy.
- May's growth figures were revised downward to 0.3% from an initial 1.9% estimate, as the statistics office adjusted for price changes.
- Large-Scale orders fueled the increase, specifically in mechanical engineering and data processing, though excluding these items revealed a 0.5% decrease in new demand.
- A less volatile three-month reading showed a 1.3% improvement, extending a run of positive economic data including better-than-expected second quarter growth.
- Karsten Junius, chief economist at Bank J Safra Sarasin, forecasts a cyclical upswing over the next two years, citing infrastructure and defense spending despite the war in Iran.
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28 Articles
German industry received more orders in June.
German industrial companies have recently landed more orders than expected. This is already the second increase in a row. Nevertheless, there are still risks for industry, economists warn.
Siemens even reports a record quarter: The business prospects in German industry have recently improved noticeably. However, this is mainly due to large orders, partly from overseas.
Orders to German industry registered an unexpected jump of 3.1% in June 2026 compared to the previous month, driven by the easing of geopolitical tensions in the Middle East throughout the month, a factor that contributed to the fall in energy prices. Exclusive content for subscribers. For full access, follow the link to the article and register.
Germany's industrial companies - especially mechanical engineers - received more orders in June. The drivers are procurements for the Bundeswehr and infrastructure.
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