Factory orders in Germany unexpectedly rose by 7% month-over-month in June 2023, easily exceeding market estimates of a 2% fall and accelerating from a downwardly revised 6.2% growth in the prior month. This was the third straight month of rise in industrial orders and the steepest pace since June 2020, amid large-scale orders in several areas. New orders for mechanical engineering jumped 5.1%, and those for other vehicle construction soared 89.2%, mainly linked to the aerospace industry. Conversely, orders for motor vehicles and their parts tumbled 7.3%. Orders for capital goods increased by 9.9%, while those for intermediate and consumer goods were up 2.0% and 7.7%, respectively. Excluding large-scale orders, new orders declined by 2.6%. Meanwhile, foreign orders climbed by 13.5% with demand up from both the Euro Area (27.2%) and third countries (5.0%), while domestic orders dropped by 2%. Considering April to June, factory orders rose a meagre 0.2%. source: Federal Statistical Office

Factory Orders in Germany averaged 0.36 percent from 1952 until 2023, reaching an all time high of 28.50 percent in June of 2020 and a record low of -27.20 percent in April of 2020. This page provides the latest reported value for - Germany Factory Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Factory Orders - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Factory Orders in Germany is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Factory Orders is projected to trend around 0.40 percent in 2024 and 0.50 percent in 2025, according to our econometric models.

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Germany Factory Orders



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-06 06:00 AM May 6.4% 0.2% 1.2% 1.5%
2023-08-04 06:00 AM Jun 7% 6.2% -2% -2.0%
2023-09-06 06:00 AM Jul 7% -5.2%


Related Last Previous Unit Reference
Industrial Production Mom -1.50 -0.10 percent Jun 2023
Industrial Production -1.69 0.00 percent Jun 2023
Manufacturing Production -0.40 1.38 percent Jun 2023
Factory Orders 7.00 6.20 percent Jun 2023
Changes in Inventories 12.49 15.33 EUR Billion Jun 2023
Bankruptcies 1478.00 1428.00 Companies May 2023
Mining Production -11.80 -12.90 percent Jun 2023

Germany Factory Orders
Factory Orders in Germany are reported using monthly changes in the volume of new orders received by manufacturers. Factory Order figures in Germany can be very volatile and misleading because they are heavily affected by geopolitical events, temporary shocks in demand and business deals which may only happen once.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.20 28.50 -27.20 1952 - 2023 percent Monthly
2015=100, SA

News Stream
German Factory Orders Unexpectedly Surge
Factory orders in Germany unexpectedly rose by 7% month-over-month in June 2023, easily exceeding market estimates of a 2% fall and accelerating from a downwardly revised 6.2% growth in the prior month. This was the third straight month of rise in industrial orders and the steepest pace since June 2020, amid large-scale orders in several areas. New orders for mechanical engineering jumped 5.1%, and those for other vehicle construction soared 89.2%, mainly linked to the aerospace industry. Conversely, orders for motor vehicles and their parts tumbled 7.3%. Orders for capital goods increased by 9.9%, while those for intermediate and consumer goods were up 2.0% and 7.7%, respectively. Excluding large-scale orders, new orders declined by 2.6%. Meanwhile, foreign orders climbed by 13.5% with demand rising from both the Euro Area (27.2%) and third countries (5.0%), while domestic orders dropped by 2%. Considering April to June, factory orders rose a meagre 0.2%.
2023-08-04
German Factory Orders Jump in May
Factory orders in Germany rose by 6.4% month-over-month in May 2023, easily exceeding market estimates of 1.2% and following an upwardly revised 0.2% rise in April. This was the largest increase in industrial orders since June 2020, boosted by a rise in large-scale orders. New orders for motor vehicles, trailers, and semi-trailers soared by 8.6%, and those for other transport equipment surged by 137.1%. Additionally, orders grew for miscellaneous vehicle construction, which includes the construction of ships, railed vehicles, aircraft, spacecraft, and army vehicles. In contrast, orders of electrical equipment tumbled by 15.0%. Excluding large-scale orders, new orders rose by 3.2%. While orders for capital goods increased by 12.0%, orders fell for both intermediate goods (-1.1%) and consumer goods (-0.8%). Foreign orders climbed by 6.4% with demand up from both the Euro Area (6.5%) and third countries (6.2%), while domestic orders gained 6.2%.
2023-07-06
German Factory Orders Unexpectedly Fall
Factory orders in Germany unexpectedly dropped by 0.4% mom in April 2023, missing market estimates of a 3.0% rise and following an upwardly revised 10.9% fall in March. This was the second straight month of decline in industrial orders, dragged down a fall in large-scale orders. New orders for miscellaneous vehicle construction, which includes the construction of ships, railed vehicles, aircraft, spacecraft, and army vehicles, plunged 34% and those for manufacture of machinery and equipment went down 6.2%. Excluding large-scale orders, new orders rose 1.4%. Also, capital goods orders were down 1.7%, and orders for consumer goods fell by 2.5%. On the other hand, orders for motor vehicles and motor vehicle parts rose significantly by 2.4% and demand for intermediate goods increased by 2.3%. Foreign orders decreased 1.8%, with those from the Euro Area down 2.7%, while domestic orders went up 1.6%.
2023-06-06