German Factory Orders jumps 3.2% MoM in December vs. 2.0% expected
- German Factory Orders rebounded 3.2% MoM in December vs. 2.0% expected.
- German Factory output slumped 10.1% YoY in December vs. -7.1% expected.
- EUR/USD remains unfazed below 1.0800 following the mixed German data.

The German Factory Orders jumped more than expected in December, suggesting that the manufacturing sector activity is making a comeback.
According to the latest data published by the Federal Statistics Office showed on Monday, contracts for goods ‘Made in Germany’ came in at 3.2% on the month vs. 2.0% expected and -4.4% prior,
On an annualized basis, Germany’s Industrial Orders arrived at -10.1% in the reported month vs. -7.1% expected and -10.2% booked in November.
FX implications
The shared currency shows little to no reaction to the mixed German factory data. At the time of writing, EUR/USD is down 0.06% on the day, trading at 1.0785.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















