Germany: Factory orders fall in Oct.| MENAFN.COM

Friday, 07 October 2022 03:35 GMT

Germany: Factory orders fall in Oct.


(MENAFN) As shown by Federal Statistical Office information, new orders in Germany's industrial sector plummeted 6.9 percent in October from the earlier month.

In accordance to Destatis information, factory orders once a year, decreased 1 percent in October from October 2020.

Destatis also stated "Domestic orders went up 3.4 percent in October 2021 on the previous month.

Foreign orders declined by 13.1 percent," adding "New orders from the euro area decreased by 3.2 percent."

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