Euro area

Germany Factory Orders m/m EUR

Medium impact Updated after every release
Next release Thu, Nov 5 07:00 UTC · consensus -4.3% · previous -10.6%  

What this release is

Germany Factory Orders m/m measures the monthly change in new orders received by German manufacturing companies. This key business sector data is published by destatis.de, the national statistics office for Germany.

Forex traders monitor this release as it provides insight into the future health of German industrial production and the broader economy. As Germany is a significant component of the Eurozone economy, strong or weak order growth can influence expectations for the European Central Bank’s monetary policy, thereby impacting the euro.

The market typically focuses on the headline month-over-month percentage change. Revisions to previous months’ data are also closely watched. After past releases, this data has shown a medium impact on the market, reflecting its role as an indicator of economic momentum.

How hard it hits, measured

121 releases · own feed
Typical EURUSD move
5pips / 1h
Median absolute move in the hour after the release
Big-release move
9pips / 1h
Top-quarter releases move at least this much
Largest measured
33pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
EURUSD2.3p3.3p5.3p9.0p
EURAUD3.9p5.5p12p18p
EURCAD2.5p3.5p7.2p12p
EURCHF1.6p2.1p4.6p7.9p
EURGBP1.6p2.6p4.3p7.2p
EURJPY4.4p4.5p10p16p
EURNZD4.4p6.1p11p22p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus EURUSD closed the hour lower in 23 of 42 cases · median -0.9p n=42 live
Miss below consensus EURUSD closed the hour lower in 27 of 50 cases · median -0.8p n=50 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=0 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toEURUSD 1h
Oct 6, 2026-10.6%3.7%2.5%3.2%-4.0p—
Sep 4, 20262.5%2.9%3.1%3.7%-0.9p—
Aug 6, 20263.1%—1.9%0.3%——
Jul 6, 20261.9%—-3.8%-3.2%——
Jun 8, 2026-3.8%0.1%5%4.5%-3.6p—
May 7, 20265%-9.6%0.9%1.4%-3.9p—
Apr 8, 20260.9%—-11.1%-11.1%+4.8p—
Mar 6, 2026-11.1%-3.4%7.8%6.4%+2.9p—
Feb 5, 20267.8%-4.6%5.6%5.7%+8.5p—
Jan 8, 20265.6%1.2%1.5%1.6%-3.7p—
Dec 5, 20251.5%5.6%1.1%2%+3.7p—
Nov 5, 20251.1%3.6%-0.8%-0.4%-1.0p—
Oct 7, 2025-0.8%1%-2.9%-2.7%-4.9p—
Sep 5, 2025-2.9%2.3%-1%-0.2%-7.5p—
Aug 6, 2025-1%3.4%-1.4%-0.8%+0.1p—
Jul 4, 2025-1.4%-2.1%0.6%1.6%-2.9p—
Jun 5, 20250.6%-2.8%3.6%3.4%+3.0p—
May 7, 20253.6%3.9%0%—+8.7p—
Apr 4, 20250%-2.8%-7%-5.5%-33p—
Mar 7, 2025-7%-0.1%6.9%5.9%+6.3p—
Feb 6, 20256.9%5.8%-5.4%-5.2%-10p—
Jan 8, 2025-5.4%1.3%-1.5%—-19p—
Dec 5, 2024-1.5%-2.2%4.2%7.2%+9.7p—
Nov 6, 20244.2%-1.4%-5.8%-5.4%+9.0p—

Showing the latest 24 of 123 tracked releases.

Reaction = EURUSD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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