Factory orders in Germany see two consecutive increases: up 13.0% year-on-year in December against 10.6% previously
Bankinter | Factory orders in Germany surprise upwards for the second consecutive month in December: 13.0% year-on-year against an expected 1.2% and a previous 10.6% (revised from 10.5%). In month-on-month terms, 7.8% against a drop of 2.2% and 5.7% (revised from 5.6%). The improvement is again explained by growth in orders for metallurgical products (30.2% month-on-month against 25.3% previously) and capital goods (11.5%). Capital goods were up 10.5% against 7.9%….








