German Industry Orders Fall
German Industry Orders Fall

German Industry Orders Fall

German Industry Orders Fall

Weak demand both at home and abroad drove a bigger-than-expected fall in German industrial orders in November, marking a slight correction after a surge in the prior month, data showed on Friday, News Now writes. Contracts for goods ‘Made in Germany’ were down by 2.5% on the month, the Economy Ministry said. That was the biggest monthly drop since November 2014 and compared with a consensus forecast for a fall of 2.3%. Domestic demand decreased 2.8% while foreign orders fell 2.3%, with demand from eurozone countries down 2.7%. The data for October was revised up to a rise of 5.0% from a previously reported increase of 4.9%. This marked the biggest monthly rise since July 2014.


Short URL : https://goo.gl/QDxloN
  1. https://goo.gl/J1n2cL
  • https://goo.gl/uWvMQL
  • https://goo.gl/7IC5sX
  • https://goo.gl/iOme0X
  • https://goo.gl/iZVfNh

You can also read ...

The treasury department in Washington
Foreign governments pulled back their purchases of longer-term...
Brazil, India Corporate Debt at Risk of Default
A 200 basis-point increase in interest rates could spark a...
Shares of petrochemical companies in Asia slumped on Tuesday, tracking the global equity downturn overnight.
The trade dispute between the world’s two largest economies...
China Accuses Trump of Blackmail, Vows Strong Retaliation
China vowed to retaliate after President Donald Trump...
Six people including two former HBOS bankers were jailed last year.
An internal Lloyds Banking Group report written by a former...
Italy on Debt Reduction Path
Italy will try to reduce debt to preserve investors’...
BoK Hints at Rate Increase
Bank of Korea Gov. Lee Ju-yeol indicated Tuesday that the bank...
London Metals Cut Losses
London metals edged higher and Shanghai contracts cut early...

Add new comment

Read our comment policy before posting your viewpoints