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German New orders in January 2015 down a seasonally adjusted –3.9% on the previous month
Price-adjusted new orders in manufacturing in January 2015 decreased a seasonally and working day adjusted 3.9% on December 2014 (following a corrected +4.4% in December 2014 on November 2014). Domestic orders in January 2015 decreased 2.5% and foreign orders by 4.8%. As regards the direction of trade in foreign transactions, new orders from the euro area were down 9.0% on the previous month, and new orders from other countries declined by 2.2%. In January 2015 the manufacturers of intermediate- and capital goods recorded decreases in orders of 3.8% and 4.2%. For consumer goods, a decrease in orders of –0.6% was ... (full story)