Germany's factory orders unexpectedly grew in June but the improvement was driven by the large scale orders in the aerospace industry, data from Destatis showed on Friday.
Elsewhere, a private survey today showed that the construction sector contracted sharply at the start of the third quarter, led by a notable decline in residential building activity.
Manufacturing new orders advanced 7.0 percent on a monthly basis in June, faster than the revised 6.2 percent rise in May. The increase confounded economists' forecast for a 1.5 percent fall.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.