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2022 11 04T073125Z 2 LYNXMPEIA307M RTROPTP 4 GERMANY ECONOMY INDUSTRIALOUTPUT | Business Express
FILE PHOTO: A worker at German manufacturer of silos and liquid tankers, Feldbinder Special Vehicles, moves rolls of aluminium at the company's plant in Winsen, Germany, July 10, 2018. Picture taken July 10, 2018. REUTERS/Fabian Bimmer
Headlines

German industrial orders drop in Sept on foreign demand slump

BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand, data showed on Friday.

New orders fell by 4.0% on the month on a seasonally and calendar adjusted basis, the Federal Statistics Office said. While domestic orders increased by 0.5%, foreign orders decreased by 7.0%.

A Reuters poll of analysts had pointed to a fall of 0.5% in September.

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(Writing by Paul Carrel, editing by Kirsti Knolle)

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