German Manufacturing Orders Rise Sharply In July

    Sept. 6, 2005
    Orders placed with companies in the German manufacturing sector rose sharply again in July, largely as a result of strong overseas demand for German-made goods, official data showed on Sept. 6. The Economics and Labor Ministry calculated that German ...

    Orders placed with companies in the German manufacturing sector rose sharply again in July, largely as a result of strong overseas demand for German-made goods, official data showed on Sept. 6. The Economics and Labor Ministry calculated that German manufacturing orders rose by 3.7% in July from June, extending the 2.3% gain seen the previous month. The rise was mainly a result of a large number of big-ticket orders from outside Germany.

    Domestic orders slipped by 0.1% in July from June, while foreign orders jumped by 7.7%.

    Using a two-month comparison to iron out seasonal fluctuations, pan-German orders rose by 5.4% in June and July combined from the figure for April and May.

    Copyright Agence France-Presse, 2005

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