German Manufacturing Orders Rose More Than Expected in February
By Maria Martinez
German manufacturing orders rose by more than expected in
February, federal statistics office Destatis said Thursday.
Manufacturing orders grew 1.2% on month in February in adjusted
terms after a revised 0.8% increase in January, according to
Destatis. Economists polled by The Wall Street Journal had expected
February orders to grow 1.0% on month.
New orders in February were 5.6% higher in seasonally and
calendar-adjusted terms compared with February 2020, the month
before restrictions were first imposed in Germany due to the
In February, domestic orders rose 4.0% on month while foreign
orders fell 0.5%, Destatis said.
German industrial production data for February is due to be
published on Friday.
Write to Maria Martinez at email@example.com
(END) Dow Jones Newswires
April 08, 2021 02:22 ET (06:22 GMT)
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