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German Factory Orders Rise Less Than Forecast

Por: RTTNews Business January 08, 2024

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Germany's factory orders rose less than expected in November, data from Destatis revealed on Monday.Orders climbed 0.3 percent on a monthly basis in November, in contrast to the revised 3.8 percent decline in October. But the pace of expansion was weaker than the expected rate of 1.0 percent. On a yearly basis, new orders declined 4.4 percent after a 7.3 percent decrease. The overall monthly growth was driven by the 1.4 percent rise in... + full article



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