Sat. Oct 16th, 2021

Latest data published by Destatis – August 5, 2021

  • Previous -3.7%; revised to -3.2%
  • Factory orders WDA + 26.2% i / i
  • Previous + 54.3%; revised to + 54.9%

This represents a strong rally in manufacturing orders after the fall in May, which was largely due to falling foreign demand. Domestic orders continue to remain more robust, increasing by 9.6% compared to June.

Details show that new orders for intermediate goods rose 1.4% in the month, capital goods rose 6.8% in the month, but consumer goods fell 1.1% in the month the most.

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