Germany's manufacturing orders grew for a seventh straight month in November, defying expectations for a decline, suggesting that manufacturing may have offset the slump in the service sector due to the second lockdown to battle the coronavirus pandemic.
Factory orders rose 2.3 percent month-on-month in November, figures from the Federal Statistical Office/Destatis showed Thursday. while economists had forecast a 1.2 percent fall.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com