German Manufacturing Orders Up In November

Consumer goods increased 2.7%

Orders placed with companies in the German manufacturing sector rose in November, thanks to a large number of big-ticket purchases, mostly from abroad, official data showed on Jan. 8.

The Economy Ministry in Berlin calculated that German manufacturing orders rose by 1.5% in November from the figure for October, after declining by 0.7% the previous month.

A sector breakdown showed that orders placed with manufacturers of consumer goods rose by 2.7% on a monthly basis in November. Orders for capital goods were up 1.8% and orders for semi-finished goods rose by 0.8%.

Export orders jumped by 2.3% in November from October, while domestic orders edged up by 0.6% month-on-month.

Using a two-month comparison to iron out seasonal fluctuations, German manufacturing orders decreased by 1.5 percent in October and November combined from the figure for August and September, the ministry said.

Copyright Agence France-Presse, 2007

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