German industrial orders surge in August

Image
Reuters BERLIN
Last Updated : Oct 05 2018 | 12:15 PM IST

BERLIN (Reuters) - German industrial orders surged in August, data showed on Friday, bouncing back from falls earlier in the summer and adding to evidence of resilience in the economy despite an uncertain global economic outlook.

The Federal Statistics Office said contracts for 'Made in Germany' goods rose by 2.0 percent after a fall of 0.9 percent in the previous month.

A Reuters poll of analysts had pointed to a rise of 0.5 percent in August.

(Writing by Paul Carrel; Editing by Maria Sheahan)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 05 2018 | 12:06 PM IST

Next Story