Factory orders in Germany plunged 5.3% month-over-month in November of 2022, worse than market forecasts of a 0.5% drop, reversing from a downwardly revised 0.6% growth in October and falling the most since October 2021 drop as many companies shut down production due to a rise in energy bills and higher interest rates started to impact the demand. Foreign demand tumbled 8.1%, with orders contracting from both the Euro Area (-10.3%) and other countries (-6.8%). Also, domestic demand fell by 1.1%. New orders for capital goods plummeted 8.5%, demand for intermediate declined 0.9%, and those for consumer goods were down 0.7%. Year-on-year, factory orders sank 11.0%. source: Federal Statistical Office

Factory Orders in Germany averaged 0.35 percent from 1952 until 2022, reaching an all time high of 28.80 percent in June of 2020 and a record low of -27.40 percent in April of 2020. This page provides the latest reported value for - Germany Factory Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Factory Orders - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Factory Orders in Germany is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Factory Orders is projected to trend around 0.40 percent in 2024, according to our econometric models.

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Germany Factory Orders



Calendar GMT Actual Previous Consensus TEForecast
2022-12-06 07:00 AM Oct 0.8% -2.9% 0.1% 0.6%
2023-01-06 07:00 AM Nov -5.3% 0.6% -0.5% -0.7%
2023-02-06 07:00 AM Dec -5.3% 2.5%


Related Last Previous Unit Reference
Industrial Production Mom 0.20 -0.40 percent Nov 2022
Industrial Production -0.40 -0.20 percent Nov 2022
Manufacturing Production 0.50 0.60 percent Nov 2022
Factory Orders -5.30 0.60 percent Nov 2022
Changes in Inventories 25.18 18.01 EUR Billion Sep 2022
Bankruptcies 1245.00 1229.00 Companies Oct 2022
Mining Production -6.10 -8.40 percent Nov 2022

Germany Factory Orders
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.
Actual Previous Highest Lowest Dates Unit Frequency
-5.30 0.60 28.80 -27.40 1952 - 2022 percent Monthly
2015=100, SA

News Stream
Germany Factory Orders Slump
Factory orders in Germany plunged 5.3% month-over-month in November of 2022, worse than market forecasts of a 0.5% drop, reversing from a downwardly revised 0.6% growth in October and falling the most since October 2021 drop as many companies shut down production due to a rise in energy bills and higher interest rates started to impact the demand. Foreign demand tumbled 8.1%, with orders contracting from both the Euro Area (-10.3%) and other countries (-6.8%). Also, domestic demand fell by 1.1%. New orders for capital goods plummeted 8.5%, demand for intermediate declined 0.9%, and those for consumer goods were down 0.7%. Year-on-year, factory orders sank 11.0%.
2023-01-06
Germany Factory Orders Rise More than Estimated
Factory orders in Germany increased by 0.8% month-over-month in October of 2022, after a downwardly revised 2.9% fall in September, easily exceeding market forecasts of a 0.1% rise and expanding for the first time since July. Foreign demand rose 2.5% while domestic ones fell 1.9%. New orders from the Euro Area grew by 2.6% and those from other countries went up by 2.5%. New orders for capital goods gained 3.2%, while those for intermediate fell 1.4%, and those for consumer goods plunged 6.3%. Year-on-year, factory orders were down 3.2%.
2022-12-06
Germany Factory Orders Sink 4%
Factory orders in Germany sank 4% month-over-month in September of 2022, following a downwardly revised 2% fall in August and much worse than market forecasts of a 0.5% drop. Foreign orders moved down 7% while domestic ones went up 0.5%. New orders from the Euro Area decreased 8% and those from other countries fell 6.3%. New orders for capital goods recorded the biggest decrease (-6%), followed by intermediate (-3.4%) while orders for consumer goods increased 7.2%. September figures pointed to further weakness in the German economy, at a time firms struggle with high inflation and reduced demand. At the same time, a rise in demand that set in after the worst of the coronavirus pandemic appears to be over, and orders are now back to a pre-pandemic level, according to the German Economy Ministry. Year-on-year, factory orders were down 10.8%.
2022-11-04