Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in February 2017 a seasonally and working-day adjusted 3.4% on January 2017. For January 2017, revision of the preliminary outcome resulted in a decrease of 6.8% compared with December 2016 (primary -7.4%). Price-adjusted new orders without major orders in manufacturing had increased in February 2017 a seasonally and working-day adjusted 2.2% on January 2017.
In February 2017, domestic orders increased by 8.1% and foreign orders remaind unchanged on the previous month. New orders from the euro area were down 2.4% on the previous month, new orders from other countries increased 1.6% compared to January 2017.