Factory and durable goods orders · Germany
Germany Factory Orders MoM
The Germany Factory Orders MoM measures the value of new orders received by manufacturers in Germany.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- EUR · euro
- Central bank
- The European Central Bank (with the Bundesbank)
Latest figures
The latest release for AUG, published on 6 October 2026, came in at -10.6%, below the consensus of -1%, down from 3.2% the time before (revised).
A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Over the last 12 releases it ranged from -11.1% to 7.8%, averaging 0.3%; it has been falling for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 6 Oct 2026 | AUG | -10.6% | -1% | 3.2% ® |
| 4 Sep 2026 | JUL | 2.5% | 0.3% | 3.7% ® |
| 6 Aug 2026 | JUN | 3.1% | 0.3% | 0.3% ® |
| 6 Jul 2026 | MAY | 1.9% | 1.2% | -3.2% ® |
| 8 Jun 2026 | APR | -3.8% | -1.2% | 4.5% ® |
| 7 May 2026 | MAR | 5% | 1% | 1.4% ® |
| 8 Apr 2026 | FEB | 0.9% | 2% | -11.1% |
| 9 Mar 2026 | JAN | -11.1% | -4.3% | 6.4% ® |
| 5 Feb 2026 | DEC | 7.8% | -2.2% | 5.7% ® |
| 8 Jan 2026 | NOV | 5.6% | -1% | 1.6% ® |
| 5 Dec 2025 | OCT | 1.5% | 0.5% | 2.0% ® |
| 5 Nov 2025 | SEP | 1.1% | 1% | -0.4% |
Why it matters
Orders come before production, so they give an early signal of activity. US durable goods orders without transport, and "core" capital goods orders (non-defence, ex aircraft), are a good guide to business investment. Japan's machinery orders play the same role.
How it is calculated
Manufacturers report new orders in money terms each month; the figures are seasonally adjusted. Aircraft orders arrive in large lumps, so they are often excluded.
What changes mean
- Headline orders swing with aircraft and defence; use the ex-transport or core figures.
- Several months of rising core orders support investment growth in GDP.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
A short history
The US Census Bureau's Manufacturers' Shipments, Inventories and Orders survey has run since the 1950s.
Questions
What is the Germany Factory Orders MoM?
The Germany Factory Orders MoM measures the value of new orders received by manufacturers in Germany.
What was the latest Germany Factory Orders MoM?
-10.6% for AUG, published on 6 October 2026 (consensus -1%, previous 3.2%).
When is the next Germany Factory Orders MoM?
On Thursday 5 November 2026 at 07:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.