Germany Factory Orders MoM
Category:
Factory Orders
Units:
Percent
Factory Orders in Germany are reported using monthly changes in the volume of new orders received by manufacturers. Factory Order figures in Germany can be very volatile and misleading because they are heavily affected by geopolitical events, temporary shocks in demand and business deals which may only happen once.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Source:
Federal Statistical Office
Event Details
Impact:
Medium
Country:
Symbol:
EUR
Latest Release
Previous:
-0.6%
Consensus:
0.5%
Actual:
-1.6%
Next Release
Date:
06:00 AM, 6 Aug 2024 (in 9 days)
Time left:
in 9 days
Consensus:
0.7%