- Analytics
- News and Tools
- Market News
- Germany factory orders fell sharply in November
Germany factory orders fell sharply in November
Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in November 2019 a seasonally and calendar adjusted 1.3% on the previous month. Economists had expected a 0.3% increase. For October 2019, revision of the preliminary outcome resulted in an increase of 0.2% compared with September 2019 (provisional: -0.4%). This revision was caused by modified seasonal adjustment. Price-adjusted new orders without major orders in manufacturing had increased in November 2019 a seasonally and calendar adjusted 1.0% on the previous month.
Domestic orders increased by 1.6% and foreign orders fell 3.1% in November 2019 on the previous month. New orders from the euro area were down 3.3%, new orders from other countries decreased 2.8% compared to October 2019.
In November 2019 the manufacturers of intermediate goods saw new orders increase by 0.2% compared with October 2019. The manufacturers of capital goods showed decreases of 2.1% on the previous month. Consumer goods saw new orders unchanged
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
