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Bloomberg — Economy — Manufacturing — Economics — Global Demand — German Business

Germany Factory Orders Jump as Economy Shakes Off Recession

German factory orders rebounded in May, exceeding expectations, with a jump of 6.4%. However, overall orders are still down from a year earlier.

1 min read
  • German factory orders rebounded 6.4% in May, exceeding economists' predictions.
  • Orders for 'other transport equipment' jumped 137%.
  • Overall orders are still down 4.3% from a year earlier.
  • German business is struggling, with carmakers' expectations at their worst since the 2008 crisis.
  • Factory orders have been affected by poor demand in China.
Germany Factory Orders Jump as Economy Shakes Off Recession
German factory orders rebounded in May, a sign the manufacturing slump may be easing as Europe’s biggest economy shakes off a recession.
BloombergSonja Wind

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