# Germany Industrial Confidence Indicator

Germany Industrial Confidence Indicator was −7.30 Balance (% points) in October 2026, up 1.00 from September 2026 and up 11.00 from a year earlier.
That is the highest reading since May 2023.
Over the past ten years it has ranged from −35.70 Balance (% points) (Apr 2020) to 24.00 Balance (% points) (Sep 2021), averaging −3.26 Balance (% points).

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `DE.INDCONF.M.SA`
- Frequency: monthly
- Units: Balance (% points)
- Coverage: 1980-01-01 to 2026-10-01 (562 observations)
- Page: https://makrognosis.robomacro.com/data/germany/industrial-confidence-indicator

## Recent data

| Period | Value |
|---|---:|
| October 2026 | −7.30 Balance (% points) |
| September 2026 | −8.30 Balance (% points) |
| August 2026 | −10.70 Balance (% points) |
| July 2026 | −12.70 Balance (% points) |
| June 2026 | −13.20 Balance (% points) |
| May 2026 | −15.30 Balance (% points) |
| April 2026 | −14.40 Balance (% points) |
| March 2026 | −14.60 Balance (% points) |
| February 2026 | −15.30 Balance (% points) |
| January 2026 | −17.50 Balance (% points) |
| December 2025 | −20.90 Balance (% points) |
| November 2025 | −19.00 Balance (% points) |
| October 2025 | −18.30 Balance (% points) |
| September 2025 | −20.50 Balance (% points) |
| August 2025 | −19.40 Balance (% points) |
| July 2025 | −17.90 Balance (% points) |
| June 2025 | −20.20 Balance (% points) |
| May 2025 | −17.10 Balance (% points) |
| April 2025 | −19.40 Balance (% points) |
| March 2025 | −20.90 Balance (% points) |
| February 2025 | −23.10 Balance (% points) |
| January 2025 | −25.40 Balance (% points) |
| December 2024 | −28.70 Balance (% points) |
| November 2024 | −22.80 Balance (% points) |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DE.INDCONF.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DE.INDCONF.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```