German industrial orders decreased significantly
German industrial orders fell by 4.3 percent in September, compared to the datas of the previous month, mainly due to fewer orders for the Eurozone countries. Analysts expected only a 0.1 percent drop.
A larger decline – 6.6 percent – occurred in the peak of the global financial crisis, last time in January 2009. This was the third consecutive month, when the German industry gets less orders. In August decline was 1.4 percent. The shrinkage is clearly due to the euro area countries, as orders, because 12.1 percent less orders were received. Other countries contributed by only 0.3 percent to the losses. Germans domestic demand also fell by 3 percent. (MTI)
Related news
Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Visa launches new program to support the digitalization of Hungarian businesses
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
