Plus   Neg

Germany's Factory Orders Rebound In December

Germany's factory orders recovered on foreign demand in December, data from Destatis showed Tuesday.

Factory orders increased by more-than-expected 3.8 percent month-on-month in December, in contrast to revised 0.1 percent drop in November. Orders were expected to climb 0.8 percent.

Domestic orders grew 0.7 percent and foreign orders increased 5.9 percent on the previous month in December.

New orders without major orders in manufacturing increased 0.8 percent.

Data showed that turnover in manufacturing dropped 0.3 percent, following November's 4.6 percent increase.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT