German industrial orders dropped by 7.4 percent from a month earlier in January of 2017, compared to a 5.2 percent rise in December while market expected a 2.5 percent fall. It was the biggest decline since January 2009, as domestic demand fell by 10.5 percent and foreign orders shrank by 4.9 percent, driven by a 7.8 percent fall in demand from the Eurozone. Demand dropped for all categories: capital goods (-9.9 percent), intermediate goods (-4.0 percent) and consumer goods (-2.0 percent). Factory Orders in Germany averaged 0.36 percent from 1952 until 2017, reaching an all time high of 27.10 percent in June of 1975 and a record low of -15.70 percent in July of 1975.
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Factory Orders in Germany are reported using monthly changes in the volume of new orders received by manufacturers. Factory Order figures in Germany can be very volatile and misleading because they are heavily affected by geopolitical events, temporary shocks in demand and business deals which may only happen once. This page provides the latest reported value for – Germany Factory Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Factory Orders – actual data, historical chart and calendar of releases – was last updated on March of 2017.