ALSO READGerman factory orders fall on weak domestic demand Rise in German industrial orders bodes well for coming months Air Berlin collapse added to Lufthansa's fourth-quarter revenues - CEO World shares off record highs as U.S. tax overhaul nears completion Rise in industry orders suggests German industry to gain steam
The data also showed that contracts for 'Made in Germany' goods climbed by a revised 0.7 percent in October, an upward revision from a previously reported rise of 0.5 percent.
"Overall, orders in the second half of 2017 developed extremely dynamically. This lays the foundation for a strong start to the year in industry," the ministry added.
'DON'T GET CONCERNED'
"With inventories low and capacity utilization at its highest level since 2008, there is little reason to get concerned," he added. "The general trend for industrial production in Germany remains positive."
Germany is enjoying strong domestic demand helped by record-high employment, rising real wages and low borrowing costs while its exporters are benefiting from a global economic recovery.
Last month, the Ifo economic institute said the German economy will expand by 2.6 percent in 2018, pointing to a broad upswing that is generating employment and buoyant tax revenues.
On Friday, official data showed retail sales surged more than expected in November and were estimated to have risen sharply in 2017 overall, supporting the view that private consumption helped growth in Germany last year.
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