German industrial orders posted their biggest drop in seven months in January, a...
BERLIN - German industrial orders posted their biggest drop in seven months in January, a further sign that Europe’s largest economy had a subdued start to 2019, although December’s figure was revised to show a rise rather than the previously reported fall.
The figure for December was revised to an increase of 0.9 percent rather than the drop of 1.6 percent announced a month ago. The Federal Statistics Office put the revision down to large orders for December being reported late. Bookings for intermediate, capital and consumer goods all fell in January, a breakdown of data showed. Both foreign and domestic orders declined.
“There’s no end to the weak phase in German industry in sight,” said Commerzbank economist Ralph Solveen. Record high employment, rising wages and low interest rates have been encouraging consumers to splash their cash and a GfK survey has shown morale among shoppers held steady heading into March.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Germany likely to extend halt on Saudi arms exports, source saysThe German government on Friday said it would decide before the end of March whe...
Consulte Mais informação »
48 financial firms apply to move to Germany in Brexit planningGerman regulators have received 48 applications in recent months from financial ...
Consulte Mais informação »
Berlin arms policy risks 'German-free' European defense projectsGermany's latest restrictions on arms exports risk making Berlin a pariah i...
Consulte Mais informação »
TUI fly foresees another chaotic summer at German airportsGerman airports could be in for another costly summer of delays and disruptions ...
Consulte Mais informação »
Maduro expels German ambassador – Venezuela crisisUS was among the first countries to recognise opposition leader Juan Guaido as legitimate leader, arguing President Nicolas Maduro's May 2018 re-election was a sham. Maduro accuses Guaido of being a coup-mongering puppet for US President Trump.
Consulte Mais informação »
From Shampoo To Breast Implants To Airplanes, This Startup’s Lab-Grown Spider Silk Could Go A Long WayWith more than $30 million in funding, Germany-based AMSilk is racing ahead in a contest to develop a super material that can be used in countless ways.
Consulte Mais informação »
Venezuela expels German ambassador, detains U.S. journalistThe actions come as Maduro is clinging to power amid a drive by the opposition to unseat him.
Consulte Mais informação »
German carmakers to invest 60 billion euros in electric cars and automation: VDAGermany's car industry is to invest nearly 60 billion euros ($68 billion) o...
Consulte Mais informação »
Friend of German market attacker charged with bomb plot: prosecutorA 31-year-old Russian who knew the perpetrator of the 2016 Berlin Christmas mark...
Consulte Mais informação »
Merck KGaA mandates Goldman as additional advisor for Versum dealGerman drugs and lab supplies group Merck KGaA has brought in Goldman Sachs as a...
Consulte Mais informação »