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German factory orders in February 2014 up a seasonally adjusted 0.6%
Price-adjusted new orders in manufacturing in February 2014 rose a seasonally and working day adjusted 0.6% on January 2014 (following +0.1% in January 2014 on December 2013), according to provisional data of the Federal Statistical Office (Destatis). Domestic orders increased 1.2%, foreign orders increased 0.2%. As regards the direction of trade in foreign transactions, new orders from the euro area were up 5.9% on the previous month, while new orders from other countries were down 3.1%. The manufacturers of intermediate- and capital goods recorded increases in orders of 1.2% and 0.4%. For capital goods, however, a ... (full story)
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