FX.co ★ German Factory Orders Rebound in May, Ending April Slump

German factory orders returned to growth in May 2026, rising 1.9% month-over-month after a sharp decline in April, according to data updated on 6 July 2026. The improvement marks a reversal from the previous month, when orders fell 3.8% compared with March.

The month-over-month figures show that demand for German manufactured goods stabilized and began to recover following April’s contraction. The latest data suggest that, at least in the short term, the downturn in orders seen in April has not continued into late spring, offering a tentative positive signal for Germany’s industrial sector.