German Manufacturing Orders Down In December

Feb. 6, 2007
Consumer goods slumped 4.9%.

Orders placed with companies in the German manufacturing sector slipped slightly in December as a result of declining interest from abroad, official data showed on Feb. 6. The Economy Ministry in Berlin calculated that German manufacturing orders eased by 0.2 % in December from the figure for November, after rising by 0.8% the previous month.

Export orders were down by 0.4% in December from November, while domestic orders edged up by 0.2% month-on-month.

A sector breakdown showed that orders placed with manufacturers of consumer goods slumped by 4.9% on a monthly basis in December.

Orders for capital goods were down by 0.5%, while orders for semi-finished goods rose by 0.3%.

Using a two-month comparison to iron out seasonal fluctuations, German manufacturing orders increased by 0.4% in November and December combined from the figure for September and October, the ministry said.

Copyright Agence France-Presse, 2007

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2017. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!