By Joshua Kirby

German manufacturing orders recovered a little in November, some bright news for the country's industrial sector at the end of a difficult year.

Orders were 0.3% higher than the previous month, German statistics office Destatis said Monday, though this was less than the 1.0% rise forecast by economists polled by The Wall Street Journal. It reverses some of the losses in orders booked the previous month, when they fell by 3.8%, according to revised figures.

Excluding large-scale orders, the total declined by 0.6% in November. Domestic orders boosted growth, rising 1.4% on month, but foreign orders fell by 0.4%, notably from the eurozone, Destatis said.

Compared with a year earlier, orders remained 4.4% lower, highlighting the continued sluggishness of industry in the eurozone's most important economy.

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

January 08, 2024 02:34 ET (07:34 GMT)