Key facts
- German engineering orders increased by 5% year-on-year in the February-April period.
- Domestic orders decreased by 2% during the same period.
- Foreign orders grew by 9% in the February-April period.
The VDMA's report on German engineering orders provides insight into the health of a key sector of the German economy. A 5% overall increase, driven by strong foreign demand, suggests resilience despite a dip in domestic orders. This data is crucial for understanding the industrial output and export performance of Europe's largest economy.