The general business climate index for the agricultural machinery industry in Europe has declined significantly once again, pushing the sector back into recession after just over a year. In June 2026, the index fell from -9 points to -20 points (on a scale from -100 to +100).
This latest decline is driven by a notable deterioration in both the current business evaluation and turnover expectations. Overall expectations for future orders have also continued to weaken.
In addition, the business climate indices have fallen across all segments without exception, albeit from very different starting points. The arable equipment segment once again records the weakest business climate, while livestock equipment continues to rank well above average in the segment comparison.
Nevertheless, the outlook for the year as a whole remains slightly positive. For 2026 overall, survey participants expect their companies’ turnover to increase on average in the low single-digit range.
