German Factory Orders Rise Less Than Forecast
Germany's factory orders rose less than expected in November, data from Destatis revealed on Monday. Orders climbed 0.3 percent on a monthly basis in November, in contrast to the revised 3.
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Germany's factory orders rose less than expected in November, data from Destatis revealed on Monday. Orders climbed 0.3 percent on a monthly basis in November, in contrast to the revised 3.
Germany's factory orders grew unexpectedly in September, data from Destatis showed on Monday. New orders climbed 0.2 percent on a monthly basis in September, confounding expectations for a fall of 1.
Germany's factory orders grew unexpectedly at the end of the third quarter underpinned by foreign demand, official data from Destatis showed on Monday. However, reinforcing fears of recession, Purchasing Managers' survey results suggested that the private sector contracted for the fourth straight month in October reflecting declines in both manufacturing production and services activity.
Germany's factory orders growth accelerated in February driven by higher demand for motor vehicles and automobile engines and the overall private sector expanded for the second straight month in March reflecting the upturn in the service sector.