Reuters logo
German industry orders rise more than expected in November
January 8, 2014 / 11:03 AM / 4 years ago

German industry orders rise more than expected in November

BERLIN, Jan 8 (Reuters) - German industrial orders posted a larger-than-expected rise in November following a sharp drop in October, as more bulk orders were traded than usually, Economy Ministry Data showed on Wednesday.

Seasonally-adjusted orders rose by 2.1 percent on the month, more than the 1.5 percent increase forecast in a Reuters poll and following a revised 2.1 drop in October.

“The share of bulk orders was above average,” the Economy Ministry said in a statement. “Positive stimulus for the development of order intake currently comes mainly form abroad.” (Reporting by Alexandra Hudson and Annika Breidthardt; Editing by Stephen Brown)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below