• Significant rise for German factory orders

Noticias del mercado

6 diciembre 2016

Significant rise for German factory orders

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in October 2016 a seasonally and working-day adjusted 4.9% on September 2016. For September 2016, revision of the preliminary outcome resulted in a decrease of 0.3% compared with August 2016 (primary -0.6%). Price-adjusted new orders without major orders in manufacturing had increased in October 2016 a seasonally and working-day adjusted 4.3% on September 2016.

In October 2016, domestic orders increased by 6.3% and foreign orders by 3.9% on the previous month. New orders from the euro area remained unchanged from the previous month, while new orders from other countries increased by 6.3% compared to September 2016.

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