• German factory orders up 5.2% in December

Market news

6 February 2017

German factory orders up 5.2% in December

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in December 2016 a seasonally and working-day adjusted 5.2% on November 2016. For November 2016, revision of the preliminary outcome resulted in a decrease of 3.6% compared with October 2016 (primary -2.5%). Price-adjusted new orders without major orders in manufacturing had increased in December 2016 a seasonally and working-day adjusted 0.4% on November 2016.

In December 2016, domestic orders increased by 6.7% and foreign orders by 3.9% on the previous month. New orders from the euro area were up 10.0% on the previous month, new orders from other countries remained unchanged compared to November 2016.

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