Germany's Industrial Orderbook Declines
Source: Agencies |
November 5, 2011, Saturday
|
Print Edition
Print Edition
THE German government yesterday said industrial orders from Germany dropped by 4.3 percent in September compared with the previous month, largely on the back of a double-digit drop from other eurozone countries.
The decline was much steeper than economists expected and followed a 1.4 percent decline in August.
The Economy Ministry said the number of large orders was low in September and public holidays may also have had a dampening effect. It said orders from outside Germany were dragged lower by a 12.1 percent decline in orders from elsewhere in the 17-nation eurozone.
Overall foreign orders were 5.4 percent lower. Those from inside Germany were down 3 percent.
The German economy - Europe's biggest - is losing steam amid a cooling global outlook and mounting debt troubles in the eurozone.
The decline was much steeper than economists expected and followed a 1.4 percent decline in August.
The Economy Ministry said the number of large orders was low in September and public holidays may also have had a dampening effect. It said orders from outside Germany were dragged lower by a 12.1 percent decline in orders from elsewhere in the 17-nation eurozone.
Overall foreign orders were 5.4 percent lower. Those from inside Germany were down 3 percent.
The German economy - Europe's biggest - is losing steam amid a cooling global outlook and mounting debt troubles in the eurozone.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
