wrapper

German Factory Orders up by 3.6%

Friday, Oct 06 2017
German Factory Orders up by 3.6%

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in August 2017 a seasonally and working-day adjusted 3.6% on the previous month. For July 2017, revision of the preliminary outcome resulted in decrease of 0.4% compared with June 2017 (primary –0.7%). Price-adjusted new orders without major orders in manufacturing had increased in August 2017 a seasonally and working-day adjusted 2.5% on the previous month.

 

In August 2017, domestic orders increased by 2.7% and foreign orders by 4.3% on the previous month. New orders from the euro area were down 1.0%, new orders from other countries increased 7.7% compared to July 2017.In August 2017 the manufacturers of  intermediate goods saw new orders rise by 6.7% compared with July 2017. The manufacturers of capital goods showed increases of 1.6% on the previous month. For consumer goods, an increase in new orders of 4.8% was recorded.

Last modified on Sunday, 08 October 2017
More in this category: « CBI Industrial Orders Expectations continue to fall Brent Oil Prices Extend Declines Following Range Break »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.