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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Exports MoM fell to 0.9% in June 2026
FMPMonthlyReleased August 2026
Germany Exports MoM fell to 0.9% in June 2026, released August 2026, down 0.2% from May's 1.1% reading. The print exceeded the 0.2% consensus by 0.7%. The print is running well above the 12-month average of 0.29%. Over the past 3 months, Exports MoM averaged 0.9%, vs 0.6% in the prior 3-month window. The reading is in the 59th percentile of the trailing 24-month range.
Latest Release
0.9
Actual
0.2
Consensus
1.1
Previous
Median Absolute Error
±0.91 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 0.8
Actual: 0.9
Error: -0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/GBP | ▼ Inverse | −0.63 | FOREX | Moves against | → View |
| S&P 500 | ▲ Direct | +0.46 | INDEX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.33 | FOREX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.33 | CRYPTO | Moves with | → View |
| Euro STOXX 50 | ▼ Inverse | −0.27 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Exports MoM (Germany) was reported at 0.9% in August 2026. This beat the market consensus of 0.2% by 0.7%. The reading fell from the previous value of 1.1%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.1%, ranging from -2.5% to 4% across 9 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.9%, up from the prior three at -0.27%. Volatility over the past year (σ 1.84%) is comparable than the prior year (σ 1.92%). In August readings over the past 3 years, Exports MoM has averaged -0.57%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.91%.
WHAT TO WATCH NEXT
The next release is scheduled for September 8, 2026. Same-country events in the next 14 days include Industrial Production MoM (Sep 7) and Balance of Trade (Sep 8).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Exports MoM - DE
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About Exports MoM — Germany
DEFINITION
Exports MoM (Month-over-Month) is a financial indicator that measures the change in a country's total exports from one month to the next. It is used by economists and investors to track the performance of a country's international trade and can provide insights into the overall health of its economy. A positive change in Exports MoM indicates an increase in exports, which can lead to economic growth and a stronger currency. Conversely, a negative change may suggest a decline in exports, which can have a negative impact on a country's economy. This indicator is often closely monitored by policymakers and businesses to make informed decisions about trade and investment strategies.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0.9 %, consensus 0.2 %. Prior reading (May 2026): 0.9 %. Before that (Apr 2026): 0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bearish EUR, r=-0.63) — a useful reference for forex-focused traders.
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Economic Calendar - DE Events
| Friday, September 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | DE | Factory Orders MoM | 2.5 | 3.7 | 0.3 | 0.20 | Medium |
| 07:30 | DE | S&P Global Construction PMI | 48.7 | 42.1 | 42 | 45.35 | Low |
| Monday, September 7, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | DE | Industrial Production MoM | 0.2 | 0.3 | 0.30 | Medium | |
| Tuesday, September 8, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | DE | Balance of Trade | 15.4 | 17.5 | 17.25 | High | |