Top

German manufacturing orders dropped in January by 3.9%

March 8, 2018

New manufacturing orders in Germany fell by 3.9% in January this year, dropping an additional 1.3% than expected.

A Reuters economist poll predicted that the first month of this year would see a 1.6% reduction in industrial orders.

However, despite the fall, the sector noted an 8.2% growth in comparison to the same month last in the previous year.

Domestic orders fell by 2.8% on the month, whilst foreign dropped by 4.6%, the Financial Times claims.

Read More on Manufacturing Global