Following three difficult years, the German machine tool industry can breathe a first sigh of relief: incoming orders increased by 15% in Q1 2026. Nevertheless, the situation remains challenging. Production, exports and employment continue to fall, while the conflict in the Middle East is leading to greater uncertainty and higher costs. “The situation appears to have bottomed out, although we’re nowhere near to reversing the trend,” states Bernhard Geis, head of economics and statistics at the VDW (German Machine Tool Builders’ Association). “The coming months will show whether the recovery is more permanent.”

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