NewsGermany's Factory Orders Down 6.9% In October

Germany's Factory Orders Down 6.9% In October

06.12.2021 22:42

Factory orders drop 1% on annual basis, say official data.

New orders in Germany's manufacturing sector fell 6.9% in October from the previous month, according to Federal Statistical Office data released on Monday.

On an annual basis, factory orders were down 1% in October from the same month a year ago, Destatis data showed.

"Domestic orders went up 3.4% in October 2021 on the previous month. Foreign orders declined by 13.1%," Destatis said in a statement.

"New orders from the euro area decreased by 3.2%," it added. -

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