Arab Today, arab today german industrial orders up in february
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Arab Today, arab today
Arab Today, arab today

German industrial orders up in February

Arab Today, arab today

Arab Today, arab today German industrial orders up in February

Frankfurt - AFP

German industrial orders, a key measure of demand for German-made goods both at home and abroad, rose in February, driven primarily by strongdomestic orders, data showed on Friday.Industrial orders were up 0.6 in February compared with the level the previousmonth, the economy ministry said in a statement.In January, factory orders had increased by just 0.1 percent.The ministry said that domestic orders increased by 1.2 percent while export ordersedged up by just 0.2 percent.By sector, orders for semi-finished goods rose by 1.2 percent and orders for capital goods were up 0.4 percent, while orders for consumer goods fell by 0.8 percent.Taking December to February combined to iron out short-term fluctuations, overallorders were up 0.7 percent, the ministry calculated.

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