Tuesday, February 06, 2007

Forex News: 06.02.2007 German manufacturing orders fall 0.2% in December

German manufacturing orders unexpectedly fell on the month in December as foreign orders declined, the German Economics Ministry reported. The volume of new orders slipped 0.2% on the month - below economists' forecasts of a 0.5% monthly gain.

Ministry also revised down industrial orders data for November. Orders rose 0.8% from October, compared with a 1.5% gain previously reported.

Domestic orders rose 0.2% on the month in December, while foreign orders decreased for 0.4%.


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