TODAY'S TOP STORIES

German Factory Orders Unexpectedly Strengthen

Germany's factory orders unexpectedly expanded in January on strong foreign demand for aircraft and spacecraft construction and automobile engines, figures from Destatis revealed on Tuesday.

Factory orders grew 1.0 percent in January from December, confounding expectations for a decline of 0.9 percent. Nonetheless, the pace of growth eased from December's revised 3.4 percent expansion.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More TODAY'S TOP STORIES