Germany's industrial orders unexpectedly slip for 4th straight month
Tweet
Share
E-mail
A general view of a production line of German car manufacturer Mercedes-Benz at a factory, in Rastatt, Germany, June 4, 2025. REUTERS/Christoph Steitz
FRANKFURT (Reuters) -German industrial orders fell for a fourth straight month in August, dragged lower mainly by a weak car industry and a decline in overseas demand, the federal statistics office said on Tuesday.
The office reported that incoming orders in the manufacturing sector were down 0.8% on the previous month on a seasonally and calendar-adjusted basis. Analysts polled by Reuters had expected a rise of 1.1% on average.
The statistics office said orders for exports fell by 4.1% in August, with orders from the eurozone falling by 2.9% and by 5% from outside the eurozone. Domestic orders rose by 4.7%.
(Reporting by Ozan Ergenay and Emanuele Berro in Gdansk and Ludwig Burger in Frankfurt, editing by Friederike Heine and Thomas Seythal)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump says he did not direct Bessent to intervene in bond market
- Exclusive-Fauci's lawyers set up legal defense fund as US probes multiply
- Mexico expects trade outcomes similar to emerging US-Canada deal
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
