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German Manufacturing Orders Increased in October

2017-12-07 10:12:23.0
German manufacturing orders rose in October, data from the country¡¯s economics ministry showed Wednesday.

In October incoming orders grew by 0.5% on month in adjusted terms, beating analysts¡¯ forecast of a 0.5% decline in The Wall Street Journal¡¯s poll last week.

September¡¯s reading was revised upward to show growth of 1.2% from 1.0% initially.

In October, foreign orders increased by 0.5% on month, while domestic orders grew by 0.4%, the ministry said.

Foreign orders from the eurozone declined by 1.2%, while orders from non-eurozone countries expanded by 1.6%, it added. (Source: Dow Jones)

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