German Factory Orders jumps 3.2% MoM in December vs. 2.0% expected Germany EconomicIndicator EURUSD Industries
German Factory output slumped 10.1% YoY in December vs. -7.1% expected.The German Factory Orders jumped more than expected in December, suggesting that the manufacturing sector activity is making a comeback.
On an annualized basis, Germany’s Industrial Orders arrived at -10.1% in the reported month vs. -7.1% expected and -10.2% booked in November.The shared currency shows little to no reaction to the mixed German factory data. At the time of writing, Information on these pages contains forward-looking statements that involve risks and uncertainties.
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