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Mechanical Engineering NRW: Orders down significantly in June

In June 2022, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia were 18 percent below the level of the same month in the previous year. Demand from Germany fell by 23 percent, and that from abroad by 16 percent. Orders received from the euro zone fell by 9 percent year-on-year, and from the non-euro zone by 19 percent.

In the three-month period April to June 2022, incoming orders fell by 10 percent year-on-year. Orders from Germany decreased by 7 percent and those from other countries by 12 percent. Orders from other European countries were down 4 percent year-on-year, and those from outside Europe were down 15 percent.

A look at the first half of 2022 shows that new orders were down 2 percent year-on-year. There was a change of minus 1 percent in domestic orders. Orders from abroad were down 2 percent, with orders from other European countries down 6 percent and those from outside the euro zone unchanged.

The weak global economic situation is reflected in the June figures. In addition, there is a base effect with high order intake in the same month of the previous year. Looking back at the first half of the year, we are pleased to report that the mechanical and plant engineering sector in North Rhine-Westphalia closed with only a slight drop in orders. As before, the disruptions in global supply chains, the consequences of the war in Ukraine and concerns about energy bottlenecks are clouding the mood.