Industrial Orders Rise
By Geir Moulson |
January 8, 2010, Friday
|
Print Edition
Print Edition
GERMAN industrial orders returned to modest growth in November as increasing domestic demand balanced a dip in foreign orders, official data showed yesterday.
However, retail sales were down 1.1 percent compared to October, which was a larger fall than had been expected.
Industrial orders were up 0.2 percent on the month, the Economy Ministry said, after a 1.9 percent decline.
Domestic orders were up 1.4 percent, while foreign orders fell by 1 percent.
However, retail sales were down 1.1 percent compared to October, which was a larger fall than had been expected.
Industrial orders were up 0.2 percent on the month, the Economy Ministry said, after a 1.9 percent decline.
Domestic orders were up 1.4 percent, while foreign orders fell by 1 percent.
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