german factory orders jumped 7 in june the most in three years according to data released friday the big increase surprised economists who were forecasting a 2 decline and comes after a surge in may when revised figures said it rose by 62 the increase turned the yearoveryear figure positive to 3 for the first time since feb 2022 june’s big surge was driven by large orders without them factory orders would’ve declined by 26 what’s called other vehicle construction jumped 892 which it attributed to “a major order in the aerospace industry” meaning airbus air  as its hamburg facility produces more than half the a320 aircraft but orders for motor vehicles and parts fell by 73 oliver rakau chief germany economist at oxford economics said the fact that core orders fell by 26 means “the nearterm implications for industry remain gloomy” the euro eurusd was steady at 10949 ahead of key us jobs data later on friday