German Industry Orders Rise
World Economy

German Industry Orders Rise

German industrial orders bounced backed in March, rising more than expected and by the steepest rate in nine months, due to strong foreign demand especially from countries outside the eurozone, data showed on Monday. Contracts for ‘Made in Germany’ goods were up 1.9% on the month, the biggest increase since last June, the economy ministry said. That compared with a Reuters consensus forecast for a rise of 0.7%. Domestic orders in Europe’s biggest economy fell by 1.2% while foreign demand rose by 4.3%, with orders from eurozone countries edging up by 1.1% and bookings from countries outside the currency bloc soaring by 6.2%.

Short URL : http://goo.gl/USS8T0
  1. http://goo.gl/I6v2mp
  • http://goo.gl/SLRv2m
  • http://goo.gl/MwwmbI
  • http://goo.gl/icnjj9
  • http://goo.gl/1mEspN

You can also read ...

South Korea Economy Facing Downside Risks
The South Korean economy will face some downside risks going...
The authorities—the government, the central bank, supported by the state-owned banks—are now pulling all levers  to keep this mounting debt under control.
Corporate debt in China has soared to $18 trillion, or 169% of...
Marlo Draghi (L) and Janet Yellen at the Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming on January 7.
Stock markets have spent the year rising on bets of a...
Diesel Emissions Scandal a Risk to German Economy
The emissions scandal ensnaring German carmakers is a risk to...
Deals outside Turkey are much cheaper and better  than Turkish opportunities.
Robert Yuksel Yildirim had barely been at the family’s...
The London Metal Exchange
World stocks struggled at a 5-1/2-week low on Monday, though...
Greek Current A/C Surplus Shrinks
Greece’s current account surplus shrank in June compared to...
Madura Says Will Tackle Inflation
The Venezuelan government’s toughest challenge is fighting...