German Factory Orders Rise Less-than-expected In October

Discussion in 'Economics' started by ASusilovic, Dec 7, 2010.

  1. Forex Pros – German factory orders rose less-than-expected in October, official data showed on Tuesday.

    In a report, Deutsche Bundesbank said factory orders increased by a seasonally adjusted 1.6% in October, after falling by 4.0% in September.

    Economists had expected German factory orders to rise by 1.9% in October.

    The data showed that year-on-year, German factory orders rose less-than-expected in October, increasing by 17.9%, after rising by 14.1% in September.

    Economists had expected year-on-year factory orders to rise by 18.6% in October

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