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Bah! Humbug! German New Orders Disappoint

December 9, 2013 by Staff Reporter

Carsten Brzeski, Senior Economist, ING Belgium

Still zig-zagging. Festive cheer is lacking as new figures show German new orders disappointed in October, dropping by 2.2% MoM, from a 3.1% increase in September. On the year, new orders are still up by 1.9%. The drop was broadly driven by weaker foreign and domestic demand. German new orders have been on a zig-zag […]

Filed Under: Business, Economy, Enterprise, Finance

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