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Germany’s manufacturing orders grow at fastest pace in over three years

Published 01/07/2025, 09:20
Germany’s manufacturing orders grow at fastest pace in over three years
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Investing.com -- German manufacturers’ new orders increased at their fastest rate in more than three years in June, according to a business survey released Tuesday.

The HCOB final Purchasing Managers’ Index (PMI) for German manufacturing, which is compiled by S&P Global, rose to 49.0 in June from 48.3 in May.

This marks the highest level since August 2022, though it remains slightly below the 50 threshold that separates growth from contraction.

The survey showed that the growth in new orders was fueled by rising demand from both domestic and international markets.

This improvement in order volumes represents a positive signal for the German manufacturing sector, which has faced challenges in recent periods.

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