FX.co ★ German Factory Orders Growth Cools in July, Easing to 2.5% Month-on-Month

Growth in German factory orders slowed in July 2026, signaling a moderation in industrial momentum in Europe’s largest economy. According to the latest data updated on 4 September 2026, orders rose 2.5% month-on-month, down from a 3.1% increase recorded in June 2026.

The figures are based on a month-over-month comparison, meaning July’s 2.5% rise measures the change in orders compared with June, while June’s previously reported 3.1% gain reflected growth versus May. Although the pace of expansion has cooled, the data still point to a continued increase in demand for German manufactured goods, following a strong start to the summer period.