Declining manufacturing orders in Germany

The German manufacturing orders showed an unexpected fall on October monthly basis, suggesting that the recovery of the largest European economy, is getting slower.

According to the seasonally adjusted preliminary datas of the Ministry of Economic Affairs, the orders decreased by 2.1 percent in October compared to September. The September datas were revised to a 1.3 percent growth, from the 0.9 percent preliminary data. The last week survey of Reuters news agency among experts, indicates an average of 0.6 percent growth – reports MTI.