BREAKING: factory orders from Germany rebound due to the surge in large-scale orders📌

07:00 AM GMT, Germany - Durable Goods for December:

German Factory Orders: actual 6.9% MoM; forecast 1.9% MoM; previous -5.4% MoM;

The headline figure shows a rebound from November’s sharp drop, mainly due to a surge in large-scale orders for aircraft, ships, and military vehicles (+55.5%). However, overall incoming orders in 2024 remain 3.0% lower year-over-year after seasonal adjustments.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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