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. In December 2016 the manufacturers of intermediate goods saw new orders fall by 0.6% compared with November 2016. The manufacturers of capital goods showed increases of 9.7% on the previous month. For consumer goods, a decrease in new orders of 1.8% was recorded.
German Factory Orders rose by 5.2%
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.
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