Germany March industrial orders -0.4% vs +0.4% m/m expected
Prior +0.2%Factory orders in Germany missed on estimates in March, largely due to a decline in major/large orders. If you strip that out, factory orders were seen up by 0.1% on the month instead. Looking at the details, capital goods and intermediate goods orders both fell by 0.4% in March while consumer goods orders rose by 0.7%. This article was written by Justin Low at www.forexlive.com.
- Prior +0.2%
Factory orders in Germany missed on estimates in March, largely due to a decline in major/large orders. If you strip that out, factory orders were seen up by 0.1% on the month instead. Looking at the details, capital goods and intermediate goods orders both fell by 0.4% in March while consumer goods orders rose by 0.7%.
