Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->German industrial orders decrease unexpectedly in ...You are the 500609 visitors
Views:1087   |   recommendation:   |   Votes:0   |   Discuss:0
German industrial orders decrease unexpectedly in November

German manufacturing orders decreased slightly in November 2017, provisional figures released on Monday by the Federal Statistical Office (Destatis) showed.

Seasonally-adjusted new manufacturing orders in November fell 0.4 percent on the previous month, Destatis reported, adding that domestic and foreign orders decreased by 0.4 percent and 0.5 percent each.

Among foreign orders, the ones from the euro area rose indeed by 0.7 percent, while new orders from other countries and regions outside the euro area fell by 1.2 percent compared to October 2017.

The statement also showed that the orders of intermediate goods manufacturing experienced an increase of 2.0 percent. Consumer goods sector also saw a monthly increase of 3.2 percent, while capital goods sector suffered a fall of 2.3 percent.

Despite the slight fall of new orders in November, the price-adjusted turnover in manufacturing in November 2017 was up by 4.6 percent on the previous month, according to the provisional figures.

"The trend of new orders continues to rise steeply," commented Marco Wagner, an analyst with German commercial bank Commerzbank.

The Federal Ministry for Economic Affairs and Energy also believed that there is a firm trend in the future, stating that new order will continue to rise upward strongly.

Source: Xinhua

2018/1/9 11:53:00

Previous:    China releases new steel capacity replacement policy
        Next:    WüRTH GROUP ACHIEVES RECORDS IN SALES AND OPERATING RESULT

Recent Related News
Global manufacturing PMI drops in September--2018-10-09
China's manufacturing PMI beats expectations--2018-08-31
Investment boost for car, aircraft makers--2018-07-10
China's manufacturing activity expands slower in June--2018-07-03
German manufacturing production falls sharply in February--2018-04-09
U.S. Fed raises interest rates, signals two more rate hikes in 2018--2018-03-22
China's manufacturing activity expands slower--2018-02-28
German industrial workers, employers agree to pay deal--2018-02-09
China's manufacturing activity expands slower in January--2018-01-31
U.S. factory orders rise for 4 consecutive months--2018-01-08
Caixin China manufacturing PMI rises in Dec.--2018-01-03
China's industrial firms see slower profit growth--2017-12-27

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener2fastener

Fastener Trade Show Suzhou


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•M-Tech Osaka, Oct 3-5, 2018, Osaka, Japan

•METALEX Vietnam, Oct 11-13, 2018, Ho Chi Minh City, Vietnam

•Indometal, Oct 17-19, 2018, Jakarta, Indonesia



Show Room



Offer Product

Latest News
• China Trade Surplus With U.S. Widens to Record $34.1B

• U.S. Cutting Tool Consumption up 13.9 Percent in August

Buyers' Guide
Company News

• Dongguan STL: Practice Brand Concept By Setting up Fatigue Test Center

• JIN CHI MACHINE: Precision High Speed Screw Manufacturer

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener