Frankfurt (AFP) – German industrial orders, a key measure of demand for German-made goods both at home and abroad, jumped in July, suggesting the fallout from the Ukraine crisis remains limited for now, data showed on Thursday.Factory orders were up 4.6 percent in July compared with the level in June, the statistics office Destatis said in a statement. In June, German factory orders had declined by 2.7 percent. The office said that orders growth was driven mainly by strong foreign demand, with export orders advancing by as much as 6.9 percent, and domestic orders up 1.7 percent. A regional breakdown …read more
Source: Business Insider
