German factory orders grow much more than expected in March
7 maj, 10:44
(Alliance News) - New orders in manufacturing in Germany grew at a remarkable pace in March, data published by the Federal Statistical Office showed on Thursday, though more recent data suggest growth slowed in April.
Seasonally and calendar adjusted new orders in manufacturing were up 5.0% on-month in March, picking up pace from a 1.4% rise in February, which was revised up from 0.9%. The March result sharply beat the FXStreet-cited market consensus of a 1.0% rise.
On-year, factory orders grew 6.3% in March, accelerating from 3.5% in February.
However, recent unofficial data suggest the manufacturing spurt dried up in April.
Released on Monday this week, the S&P Global Germany manufacturing purchasing managers' index fell to 51.4 points in April from March's 46-month high of 52.2 points. Getting closer to the neutral 50-point mark, it had indicated that Germany's manufacturing activity growth slowed in April.
Notably, goods producers expected the fallout from the war in the Middle East to eventually lead to lower output in the coming months.
On Monday, S&P Global Market Intelligence Economics Associate Director Paul Smith said regarding Germany's manufacturing activity growth slowing in April: "The growth we're seeing in the manufacturing sector appears to be on borrowed time, given the underlying factors driving it and the further sharp drop in business expectations into negative territory."
By Tom Budszus, Alliance News slot editor
Comments and questions to newsroom@alliancenews.com
Copyright 2026 Alliance News Ltd. All Rights Reserved.
German factory orders grow much more than expected in March
7 maj, 10:44
(Alliance News) - New orders in manufacturing in Germany grew at a remarkable pace in March, data published by the Federal Statistical Office showed on Thursday, though more recent data suggest growth slowed in April.
Seasonally and calendar adjusted new orders in manufacturing were up 5.0% on-month in March, picking up pace from a 1.4% rise in February, which was revised up from 0.9%. The March result sharply beat the FXStreet-cited market consensus of a 1.0% rise.
On-year, factory orders grew 6.3% in March, accelerating from 3.5% in February.
However, recent unofficial data suggest the manufacturing spurt dried up in April.
Released on Monday this week, the S&P Global Germany manufacturing purchasing managers' index fell to 51.4 points in April from March's 46-month high of 52.2 points. Getting closer to the neutral 50-point mark, it had indicated that Germany's manufacturing activity growth slowed in April.
Notably, goods producers expected the fallout from the war in the Middle East to eventually lead to lower output in the coming months.
On Monday, S&P Global Market Intelligence Economics Associate Director Paul Smith said regarding Germany's manufacturing activity growth slowing in April: "The growth we're seeing in the manufacturing sector appears to be on borrowed time, given the underlying factors driving it and the further sharp drop in business expectations into negative territory."
By Tom Budszus, Alliance News slot editor
Comments and questions to newsroom@alliancenews.com
Copyright 2026 Alliance News Ltd. All Rights Reserved.
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