German Machinery Orders Spike in July
02 September 2015 - 9:29AM
Dow Jones News
By Emese Bartha
FRANKFURT--Germany's machinery orders in July rose 18% on the
year, fueled by strong demand at home and from the rest of the
eurozone, industry group VDMA said Wednesday.
Domestic demand jumped 43% over the same period of last year,
while foreign orders increased by 5%, VDMA said. It added, however,
that orders from other eurozone countries soared by 51% on the
year. Orders from non-eurozone countries were down 9%.
For the first seven months of the year, machinery orders were up
2% in annual terms, VDMA added.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
September 02, 2015 04:14 ET (08:14 GMT)
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