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2022 11 04T073125Z 2 LYNXMPEIA307M RTROPTP 4 GERMANY ECONOMY INDUSTRIALOUTPUT
2022 11 04T073125Z 2 LYNXMPEIA307M RTROPTP 4 GERMANY ECONOMY INDUSTRIALOUTPUT

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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