TeleTrade - Analytics


    851.00 6.50/10
    71% of positive reviews

    09.05.2016 09:20 German seasonal adjusted factory orders jump 1.9% in March

    Destatis released its factory orders data for Germany on Monday. German seasonal adjusted factory orders jumped 1.9% in March, exceeding expectations for a 0.7% increase, after a 0.8% fall in February. February's figure was revised up from a 1.2% drop.



    The rise was driven by an increase in foreign orders. Foreign orders increased by 4.3% in March, while domestic orders declined by 1.2%.



    New orders from the Eurozone rose 1.1% in March, while orders from other countries climbed 6.2%.



    Orders of the intermediate goods decreased by 1.2% in March, capital goods orders were up 4.0%, while consumer goods orders rose 1.6%.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree