• German factory orders edge higher in September

    9 days ago - By Chron

    BERLIN - German factory orders edged up unexpectedly in September, pushed higher by demand from inside the country and elsewhere in the 19-nation eurozone.
    The Economy Ministry said Tuesday that orders were up 0.3 percent compared with the previous month, following a 2.5 percent rise in August. Economists had expected a 0.5 percent decline.
    The ministry said there was an above-average number of large orders. While orders from inside Germany were up 2.8 percent and demand from other eurozone countries rose 2.4 percent, there was a 3.7 percent drop in orders from other foreign trading partners.
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