Join Telegram
New: Oil Breakout EA Free Download –… Get Free →
Euro area

Germany Industrial Production m/m EUR

Medium impact Updated after every release
Next release Fri, Nov 6 07:00 UTC · consensus 1.1% · previous 2%  

What this release is

Germany Industrial Production m/m measures the change in output for the country’s industrial sector each month. This key business indicator tracks activity across manufacturing, mining, and energy production. The official data is published by destatis.de, the German Federal Statistical Office.

Forex traders monitor this monthly release as a significant indicator of Germany’s economic health. Robust industrial output often signals strong economic growth, which can influence the European Central Bank’s monetary policy decisions. Expectations for interest rate adjustments, based on economic performance, can in turn affect the valuation of the Euro.

Market participants typically focus on the headline month over month percentage change. Revisions to previous months’ data are also closely observed, as they can provide additional context on economic trends. As a monthly business sector release, its impact is often seen in how it aligns with or deviates from market expectations, contributing to overall sentiment regarding the Eurozone economy.

How hard it hits, measured

121 releases · own feed
Typical EURUSD move
6pips / 1h
Median absolute move in the hour after the release
Big-release move
13pips / 1h
Top-quarter releases move at least this much
Largest measured
39pips
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)
EURUSD2.1p3.9p6.0p13p
EURAUD3.9p5.2p10p17p
EURCAD3.0p3.3p7.0p13p
EURCHF1.8p2.0p4.4p8.9p
EURGBP1.5p2.3p4.2p8.3p
EURJPY3.5p4.1p10p17p
EURNZD3.9p5.4p12p19p

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 24 of 43 cases · median -0.4p n=43 live
Miss below consensus EURUSD closed the hour higher in 25 of 48 cases · median +0.9p n=48 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=1 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 7, 20262%0%-1.1%-1.2%-2.3p—
Sep 7, 2026-1.1%-0.4%0.2%0%+0.9pStory
Aug 7, 20260.2%—0.9%0.7%——
Jul 7, 20260.9%—0.4%0.2%——
Jun 9, 20260.4%-1.8%-0.7%-0.1%-0.6p—
May 8, 2026-0.7%0%-0.3%-0.5%+7.0p—
Apr 9, 2026-0.3%2.4%-0.5%0%+3.8p—
Mar 9, 2026-0.5%1%-1.9%-1%+19p—
Feb 6, 2026-1.9%0.5%0.8%0.2%-5.7p—
Jan 9, 20260.8%0.5%1.8%2%+1.9p—
Dec 8, 20251.8%0.5%1.3%1.1%-2.6p—
Nov 6, 20251.3%-0.4%-4.3%-3.7%+1.1p—
Oct 8, 2025-4.3%—1.3%1.3%-0.5p—
Sep 8, 20251.3%-3.8%-1.9%-1.9%+12p—
Aug 7, 2025-1.9%-0.6%1.2%-0.1%+1.1p—
Jul 7, 20251.2%-1.3%-1.4%-1.6%-16p—
Jun 6, 2025-1.4%-1.5%3%2.3%-0.1p—
May 8, 20253%2.7%-1.3%—-21p—
Apr 7, 2025-1.3%0.5%2%—-15p—
Mar 10, 20252%0.6%-2.4%-1.5%-14p—
Feb 7, 2025-2.4%0.7%1.5%1.3%+14p—
Jan 9, 20251.5%-1.8%-1%-0.4%-9.3p—
Dec 6, 2024-1%0.1%-2.5%-2%+9.3p—
Nov 7, 2024-2.5%-0.3%2.9%2.6%+2.1p—

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.
← Back to the economic calendar