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German industry orders rise despite trade headwinds

Reuters  |  BERLIN 

BERLIN (Reuters) - Strong demand from abroad drove an unexpected rise in German industrial orders in October, signalling that Europe's largest economy was still getting an impulse from exports despite headwinds from trade frictions.Contracts for 'Made in Germany' goods rose by 0.3 percent, data from the Statistics Office showed on Thursday, as strong demand from the euro zone offset a fall in domestic orders.It was the third consecutive monthly increase and compared with a consensus forecast for a fall of 0.4 percent. September's figure was downwardly revised to a modest rise of 0.1 ...

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First Published: Thu, December 06 2018. 16:20 IST