In December 2017, domestic orders increased by 0.7% and foreign orders increased by 5.9% on the previous month. New orders from the euro area were up 11.2%, new orders from other countries increased 2.7% compared to November 2017. In December 2017 the manufacturers of intermediate goods saw new orders rise by 2.4% compared with November 2017. The manufacturers of capital goods showed increases of 5.7% on the previous month. For consumer goods, a decrease in new orders of 5.1% was recorded.
German Factory Orders increased by 3.8%
Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in December 2017 a seasonally and working-day adjusted 3.8% on the previous month. For November 2017, revision of the preliminary outcome resulted in a decrease of 0.1% compared with October 2017 (primary –0.4%). Price-adjusted new orders without major orders in manufacturing had increased in December 2017 a seasonally and working-day adjusted +0.8% on the previous month.
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