Orders placed with companies in the German manufacturing sector rose sharply in September, largely as a result of big-ticket orders from outside Germany, official data showed on Nov. 4.
The Economics and Labor Ministry calculated that German manufacturing orders rose by 2.8% in Sept. from August, partially making good the 3.8% drop seen the previous month. The rise -- which outpaced analysts' forecasts for an increase of just 1.0%t -- was mainly a result of a strong overseas demand for German-made goods, the ministry said.
Foreign orders jumped by 5.2%, while domestic orders were up by a much more modest 0.4 % in Sept. from August.
Using a two-month comparison to iron out seasonal fluctuations, pan-German orders slipped by 0.4% in August and Sept. combined from the figure for June and July.
Copyright Agence France-Presse, 2005