FOREX TradingCharts.com

Financial News: Germany's Factory Orders Growth Accelerates In August

Germany's Factory Orders Growth Accelerates In August

10/06/2020 - 02:13:00 (RTTNews)

(RTTNews) - Germany's factory orders grew at a faster pace in August on robust foreign demand, data from Destatis revealed Tuesday.

Factory orders climbed 4.5 percent month-on-month, which was faster than the 3.3 percent rise in July and the 2.6 percent increase economists' had forecast.

Domestic orders climbed 1.7 percent, while foreign demand logged a notable growth of 6.5 percent. New orders from the euro area went up 14.6 percent and that from other countries increased by 1.5 percent.

On a yearly basis, manufacturing orders dropped at a slower pace of 2.2 percent, following a 6.9 percent decrease in July.

Manufacturing turnover dropped 0.1 percent on month in August versus a 5.2 percent rise in July.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Business Confidence Unexpectedly Improves In October (17 min(s), 47 sec(s) ago)
(RTTNews) - Belgium business confidence improved in October, defying expectations for a weakening, ...Full Story»

Russia Central Bank Keeps Rate On Hold (01 hr(s), 21 min(s), 47 sec(s) ago)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story»

UK Private Sector Growth Moderates In October (01 hr(s), 41 min(s), 47 sec(s) ago)
(RTTNews) - The UK private sector growth moderated in October reflecting weaker contribution from ...Full Story»

Sweden Producer Prices Decline Slows In September (02 hr(s), 41 min(s), 47 sec(s) ago)
(RTTNews) - Sweden's producer prices continued to decline in September, albeit at a softer pac ...Full Story»

Taiwan Industrial Production Rises Sharply; Retail Sales Grow (02 hr(s), 40 min(s), 47 sec(s) ago)
(RTTNews) - Taiwan's industrial production rose sharply in September and retail sales increase ...Full Story»

Poland Jobless Rate Steady In September (02 hr(s), 41 min(s), 47 sec(s) ago)
(RTTNews) - Poland's jobless rate remained stable in September, data from Statistics Poland sh ...Full Story»

Eurozone Private Sector Undergoes Renewed Downturn (03 hr(s), 29 min(s), 47 sec(s) ago)
(RTTNews) - The euro area private sector returned to negative territory for the first time since J ...Full Story»

Austria Production Index Falls In August (05 hr(s), 29 min(s), 47 sec(s) ago)
(RTTNews) - Austria's production index declined in August, albeit at a softer pace, amid a fal ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Business Confidence Unexpectedly Improves In October

10/23/2020 - 09:25 AM (RTTNews)
(RTTNews) - Belgium business confidence improved in October, defying expectations for a weakening, ...Full Story>>

Russia Central Bank Keeps Rate On Hold

10/23/2020 - 08:21 AM (RTTNews)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story>>

UK Private Sector Growth Moderates In October

10/23/2020 - 08:01 AM (RTTNews)
(RTTNews) - The UK private sector growth moderated in October reflecting weaker contribution from ...Full Story>>

Taiwan Industrial Production Rises Sharply; Retail Sales Grow

10/23/2020 - 07:02 AM (RTTNews)
(RTTNews) - Taiwan's industrial production rose sharply in September and retail sales increase ...Full Story>>

Poland Jobless Rate Steady In September

10/23/2020 - 07:01 AM (RTTNews)
(RTTNews) - Poland's jobless rate remained stable in September, data from Statistics Poland sh ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.