• German factory orders up 0.3% in September

Market news

6 November 2018

German factory orders up 0.3% in September

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in September 2018 a seasonally and calendar adjusted 0.3% on the previous month. For August 2018, revision of the preliminary outcome resulted in an increase of 2.5% compared with July 2018 (primary +2.0%). Price-adjusted new orders without major orders in manufacturing had decreased in September 2018 a seasonally and calendar adjusted 1.6% on the previous month.

Domestic orders increased by 2.8% and foreign orders decreased by 1.4% in September 2018 on the previous month. New orders from the euro area were up 2.4%, new orders from other countries decreased 3.7% compared to August 2018.

In September 2018 the manufacturers of intermediate goods saw new orders fall by 1.7% compared with August 2018. The manufacturers of capital goods showed increases of 1.4% on the previous month. For consumer goods, an increase in new orders of 2.1% was recorded.


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.