German Factory Orders Unexpectedly Surge
2026-01-08 07:17
By
Farida Husna
1 min. read
Germany’s factory orders jumped 5.6% mom in November 2025, beating market estimates for a 1.0% fall and picking up from an upwardly revised 1.6% increase in the prior month.
This marked the third straight monthly gain and the strongest pace since December 2024, boosted by large orders in the manufacture of metal products (25.3%) and aircraft, ships, trains, and military vehicles (12.3%).
More moderate growth was also recorded in electrical equipment, mechanical engineering and data processing, electronic, and optical products.
By category, orders rose across the board, including consumer goods (8.2%), capital goods (7.9%), and intermediate goods (1.0%).
Domestic demand jumped 6.5%, while foreign demand increased 4.9%, supported by gains from both the euro area (8.2%) and non-euro area markets (2.9%).
Excluding large-scale contracts, orders rose 0.7%.
On a three-month basis from September to November, factory orders advanced 4.0%, and excluding large contracts, they increased 1.6%.