In November 2017, domestic orders decreased by 0.4% and foreign orders decreased by 0.5% on the previous month. New orders from the euro area were up 0.7%, new orders from other countries decreased 1.2% compared to October 2017. In November 2017 the manufacturers of intermediate goods saw new orders rise by 2.0% compared with October 2017. The manufacturers of capital goods showed decreases of 2.3% on the previous month. For consumer goods, an increase in new orders of 3.2% was recorded.
German Factory Orders decreased by 0.4%
Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in November 2017 a seasonally and working-day adjusted 0.4% on the previous month. For October 2017, revision of the preliminary outcome resulted in an increase of 0.7% compared with September 2017 (primary +0.5%). Price-adjusted new orders without major orders in manufacturing had increased in November 2017 a seasonally and working-day adjusted +1.8% on the previous month.
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