Overview

• New orders in June fell 5% year-on-year, closing the month with significantly fewer bookings than a year earlier.
• Price-adjusted order volumes dropped 2% in the second quarter despite strong euro-area demand.
• Contracts from euro-area countries rose 19% in Q2 but failed to offset a 1% decline in domestic orders and a 9% slump in non-euro foreign markets.
• Real order values for the first half edged up just 1%, a rise attributed solely to euro-area demand by VDMA chief economist Johannes Gernandt.
• The VDMA links recent downturns to lingering US tariff disputes and warns that a planned 15% import duty offers only conditional planning security.