Wednesday, December 06, 2006

Forex News: German Oct. manufacturing orders drop 1.1 pct

Forex News

Manufacturing orders have decreased in October in Germany, to contradict the experts’ forecasts of a 0.9% increase. On the year, however, manufacturing orders have increased 10.0%.

Foreign orders have decreased in October by 2.6% while domestic orders increased 0.6%. September manufacturing orders have been revised down to -3.0% from the initial -2.5% reading.


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