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Germany’s Production Backlog Hits 8.9 Months, Longest Since 2015

7/17/2026

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Summary

Story summary

Germany’s production backlog covers 8.9 months, the longest span since data collection began in 2015.
Germany’s industrial order backlog rose to a high in May, up 1.7% from the previous month.
German industrial production in May beat forecasts while the June PMI showed a sixth month of output growth.
Bethmann HAL bank chief economist Alexander Krueger said firms stay cautious because of energy costs, supply bottlenecks and production shifts abroad.

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Story summary

Germany’s production backlog covers 8.9 months, the longest span since data collection began in 2015.
Germany’s industrial order backlog rose to a high in May, up 1.7% from the previous month.
German industrial production in May beat forecasts while the June PMI showed a sixth month of output growth.
Bethmann HAL bank chief economist Alexander Krueger said firms stay cautious because of energy costs, supply bottlenecks and production shifts abroad.