Stock Groups

German industrial orders fall more than expected in August By Reuters

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: An employee controls a tap of the blast furnace of Europe’s largest steel manufacturer ThyssenKrupp in Duisburg (Germany), December 6, 2012. REUTERS/Ina Fassbender

BERLIN, (Reuters) – German industrial orders declined more than expected due to lower demand from overseas after two months with unusually high gains due major contracts.

According to the Federal Statistics Office, orders for German goods “Made in Germany” fell 7.7% in the last month in adjusted season terms. An analyst poll by Reuters had indicated that there was a 2.1% drop in orders for goods ‘Made in Germany’.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]